The Weekly Automotive Market Update for August 5, 2020
Welcome to the Weekly Automotive Market Update with Bridget Fitzpatrick:
This week, new car sales came out to a retail SAAR of 11.45, down 12.5 percent from 13.48 in 2019.
The inventory...
TSLA391.370-5.31%
GM81.920-1.84%
F14.695-0.255%
RIVN15.570-0.1601%
CYD52.955-0.495%
HMC26.680-0.03%
TM175.230-0.55%
CVNA69.8140.204%
PAG181.5751.375%
LAD307.2303.36%
AN194.640-0.36%
GPI331.1202.83%
ABG200.530-0.51%
SAH85.1300.31%
TSLA391.370-5.31%
GM81.920-1.84%
F14.695-0.255%
RIVN15.570-0.1601%
CYD52.955-0.495%
HMC26.680-0.03%
TM175.230-0.55%
CVNA69.8140.204%
PAG181.5751.375%
LAD307.2303.36%
AN194.640-0.36%
GPI331.1202.83%
ABG200.530-0.51%
SAH85.1300.31%
TSLA391.370-5.31%
GM81.920-1.84%
F14.695-0.255%
RIVN15.570-0.1601%
CYD52.955-0.495%
HMC26.680-0.03%
TM175.230-0.55%
CVNA69.8140.204%
PAG181.5751.375%
LAD307.2303.36%
AN194.640-0.36%
GPI331.1202.83%
ABG200.530-0.51%
SAH85.1300.31%
About: CBT News Editorial Team
ReconVelocity CEO David Penney Discusses the Importance of a Seamless Recon Process
When it comes to used vehicle operations, inventory turn has never been more important than it is now. Typically, service managers are mostly concerned with customer pay and warranty work...
Mark Crowley on Leadership During COVID-19: ‘Lean into kindness, generosity, and trust’
Leading a team of employees through a global pandemic was probably not on many dealers' lists of things that could ever happen. However, with 30 million people unemployed in the...
J.D. Power’s Tyson Jominy Reviews Auto Retail Sales and Trends for July
[powerpress]
According to data from J.D. Power, the retail automotive industry is looking at a 14.3 million SAAR for July, which is about 2.5 million units lower than July of 2019....
The Benefits of Outsourcing Your Dealership’s BDC – Mark Sokal
[powerpress]
March and April were shaky months for many dealers nationwide, and their vendor partners also felt the sting of less than stellar sales as a result. However, as the industry...
Re-Inventing Your Business to be Flexible, Resilient, and Productive – David Kidder
[powerpress]
2020 has been one of the most tumultuous years in modern times. With the outbreak of a global pandemic, the resulting economic fallout, and the social justice activism still alive...
Best-Selling Author Erik Qualman on How Successful People Stay Focused
Today we welcome the leading authority on digital transformation, Mr. Erik Qualman. Erik is a bestselling author several times over, and an acclaimed motivational speaker that has given keynotes in...
CBT Automotive Newscast: August 4, 2020
Today's Featured Interview:
Sandy Schwartz on Transitioning to his New Role at the Cox Family Office
The Cox Enterprise recently announced a series of transitions. After a long tenure, Cox Automotive president...
Cox Automotive’s Sandy Schwartz on Ending His Tenure as CEO and Welcoming New President Steve Rowley
Recently, powerhouse Cox Automotive announced a changing of the guard. Effective today, August 3rd, Sandy Schwartz transitions to a new role as CEO of the Cox Family Office. Former executive...
Mike Cavanaugh on the State of BDCs: ‘Dealers have to make a commitment’
The role of the BDC is becoming ever-important in today's business climate. The days of having a call center type of environment where employees just set appointments have changed dramatically....
Latest Articles
