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U.S. Dealership Throughput Projected To Drop | Amidst Lull in Car Sales, July Still...

Today on CBTNews.com – Tuesday, August 14th, 2018: Amidst Lull in Car Sales, July Still Saw Gains for Industry Leaders - Kerrigan Report Erin Kerrigan, Managing Director of Kerrigan Advisors, joins CBT News to discuss July's Kerrigan Index and the…
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Amidst Lull in Car Sales, July Still Saw Gains for Auto Industry Leaders –...

Erin Kerrigan, Managing Director of Kerrigan Advisors, joins CBT News to discuss July's  Kerrigan Index and the marketplace's reaction. The Kerrigan Index™ is composed of the seven publicly traded auto retail companies with operations focused on the US market, including…
David Kainvideo

Bruce Polkes and Jim Hughes of Intellacar discuss the digital age

David sits down with Bruce Polkes and Jim Hughes, co-founders of Intellacar, to discuss how consumer demands have changed and how their technology can help bring dealers into the digital age.
Donald Trumpvideo

OEM Headlines: Honda to invest big in two U.S. plants

Forbes says the Trump administration’s move to roll back existing federal fuel efficiency targets of 54.5 miles per gallon for model year 2022-2025 cars and light trucks, would be a terrible deal for American drivers.  The move is endorsed by…
Mike Jacksonvideo

AutoNation’s Mike Jackson comments on emissions regulations

When it comes to the topic of emissions regulations, no one has a bigger opinion than Mike Jackson, CEO of AutoNation. In an interview with CNBC’s Squawk Box this week, he said, “The implications of standards that are too extreme…
Jeff Dykevideo

Sonic Automotive’s Jeff Dyke making bold moves in 2017

Sonic Automotive’s Executive Vice President of Operations, Jeff Dyke sits down with Joe Gumm to discuss the company’s answer to online retailing. He believes the automotive group has it all figured out.  https://www.sonicautomotive.com/ https://www.echopark.com/
Moving Inventoryvideo

Trump’s Border Adjustment Tax could impact dealers/consumer spending

Auto dealers from Wisconsin are joining colleagues from across the U.S. in Washington, D.C., on Thursday to talk with elected leaders about the potential consequences on the industry if border adjustment taxes are enacted. President Donald Trump and some members…
customer interviewvideo

Conducting customer interviews online to discuss F&I options

It’s time to face a new reality. Offsite deliveries aren’t going anywhere anytime soon. COVID-19 has forever changed the way car dealers do business, quite possibly forever if not for the foreseeable future. In growing numbers, more dealers performing offsite…
dealer

As dealer sentiment improves, inventory woes deepen

On Sept. 8, Cox Automotive released the Q3 2020 Cox Automotive Dealer Sentiment Index (CADSI). Information collected from dealers surveyed in late July through mid-August was used to determine how they view the conditions in the auto market – strong,…
wholesale

Wholesale prices begin to normalize on usual inventory levels

Dealers may start to notice the wholesale prices at auction slip back into more familiar territory. According to Manheim’s Used Vehicle Value Index mid-month report for September, wholesale used vehicle prices have decreased by 0.9% in the first two weeks…

Ford set to begin production of the all-electric F-150

The concept of an all-electric Ford F-150 has been anticipated for a while, and the automaker is taking the first steps to move from a concept to production. In a press release, Ford confirmed plans to begin construction of the…
automation

Why automation is a crucial tool in today’s auto industry

In today’s fast-paced world, customers expect personalized communication that speaks to their specific needs and grabs their attention. This expectation increases the number of meaningful touches needed between a customer and a sales representative. With a smaller team, how can…

Auto ventures capitalize on stock market strength to push through acquisitions...

Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. In this episode, Greenfield takes a…

The role diversity plays in your dealership’s customer communications

Welcome back to Diversity in Automotive brought to you by TrueCar and CarNow. As you look across your customer base, there are several moving parts of communications that everyone has to get right. Externally, dealers have to represent the franchise…

Conducting customer interviews online to discuss F&I options

It’s time to face a new reality. Offsite deliveries aren’t going anywhere anytime soon. COVID-19 has forever changed the way car dealers do business, quite possibly forever if not for the foreseeable future. In growing numbers, more dealers performing offsite…

Auto investors make bold moves with this week’s tech company deals

Welcome to the first edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an automotive technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. This weekly CBT News series…