CBT automotive newscast: February 3, 2021
Top Headlines:
Asbury Automotive Group has announced its fourth-quarter results from 2020. The retailer reported a net income of $89.1 million for the quarter, shattering results from Q4 in 2019 as...
TSLA381.590-15.09%
GM79.400-4.36%
F14.300-0.65%
RIVN14.760-0.97%
CYD47.910-5.54%
HMC26.110-0.6%
TM172.030-3.75%
CVNA67.277-2.333%
PAG178.180-2.02%
LAD304.8300.96%
AN193.210-1.79%
GPI326.100-2.19%
ABG198.130-2.91%
SAH84.150-0.67%
TSLA381.590-15.09%
GM79.400-4.36%
F14.300-0.65%
RIVN14.760-0.97%
CYD47.910-5.54%
HMC26.110-0.6%
TM172.030-3.75%
CVNA67.277-2.333%
PAG178.180-2.02%
LAD304.8300.96%
AN193.210-1.79%
GPI326.100-2.19%
ABG198.130-2.91%
SAH84.150-0.67%
TSLA381.590-15.09%
GM79.400-4.36%
F14.300-0.65%
RIVN14.760-0.97%
CYD47.910-5.54%
HMC26.110-0.6%
TM172.030-3.75%
CVNA67.277-2.333%
PAG178.180-2.02%
LAD304.8300.96%
AN193.210-1.79%
GPI326.100-2.19%
ABG198.130-2.91%
SAH84.150-0.67%
About: CBT News Editorial Team
How auto dealers can maximize the digital car buying experience for both new and used vehicles – Randy Kobat, Cox Automotive
The 2021 NADA Show is clearly looking much different from those in years past. This first-ever virtual conference for NADA will make it easier for automotive retail professionals to attend,...
How to optimize your dealership’s targeted TV ads and effectively communicate with car buyers – Kevin Bacon, Effectv & Ryan Dooley, Dooley Advertising
Since the beginning of the COVID-19 pandemic, the automotive industry as a whole really started to transform itself. Car dealerships nationwide transitioned many of their internal processes to digital formats....
NCADA President Robert Glaser on digital transactions, industry consolidation, and EVs
Major auto retailers like Lithia Motors and Sonic Automotive have continued to grow at a rapid pace, acquiring both large and small dealerships across the country. We recently spoke with...
CBT automotive newscast: February 2, 2021
Today’s Featured Interview:
NCADA President Robert Glaser on digital transactions, industry consolidation, and EVs
Major auto retailers like Lithia Motors and Sonic Automotive have continued to grow at a rapid pace, acquiring...
Why your dealership should simplify its F&I offerings to these 6 core products – Adam Marburger
2020 was a rollercoaster ride for many auto dealers. Last March and April, many dealers were concerned that they would have to close their doors permanently, only to experience record-breaking...
Has Vroom taken its Super Bowl commercial too far this year? – Joe Chura, Andy Guelcher, & Doug Miller
Super Bowl commercials are known for being highly entertaining, and effective at grabbing viewers' attention. Every year, millions of consumers sit down to enjoy captivating, heartwarming, and sometimes downright wacky...
CBT automotive newscast: February 1, 2021
Today’s Featured Interview:
Has Vroom taken its Super Bowl commercial too far this year? - Joe Chura, Andy Guelcher, & Doug Miller
Online retailer Vroom has released its new Super Bowl ad...
Lithia Motors set to acquire Detroit-based Suburban Collection
A source close to the situation told CBT News that Lithia Motors, one of the nation's fastest-growing public automotive companies, is in talks to acquire Michigan-based Suburban Collection, pending board...
The importance of integrating new retail methods into future dealership strategies – Doug Stephens
Today on CBT News, anchor Jim Fitzpatrick is joined by Doug Stephens, founder and CEO of The Retail Prophet. His company is one of the most well-known consultancies in the...
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