TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


About: CBT News Staff Writer

Matt Easton joins CBT Now to discuss a critical mistake that sales professionals make along with best practices for taking care of clients.

Why are sales professionals in a hurry? — Matt Easton | Easton University

- February 16, 2024
Sales professionals have two primary jobs in the dealership: make the customer happy and make the business money. Unfortunately, some companies prioritize the latter so much, that they pressure their...
Stellantis saw revenue and profit increase on an worldwide scale but faced challenges in the U.S. stemming from low sales and the UAW strike.

Stellantis full-year profits rise but business stays sluggish in U.S.

- February 15, 2024
Stellantis recorded strong full-year earnings for 2023 on a global scale but struggled to maintain profitability in the U.S. following the United Auto Workers (UAW) strike last October. The automaker recorded...
Up-and-coming electric vehicle manufacturer Bollinger Motors will its products through LaFontaine Automotive Group starting later this year.

EV brand Bollinger Motors signs deal with LaFontaine dealership group

- February 15, 2024
Electric vehicle startup Bollinger Motors has formally announced its first-ever retail partnership with LaFontaine Automotive Group, a dealership with multiple locations in Michigan. The new trade deal will supply LaFontaine storefronts...
Rita Case joins the Executive Profile on CBT News to share her story of resilience, perseverance, and excellence in automotive retail.

The Executive Profile: What’s next for dealer and philanthropist Rita Case?

- February 15, 2024
Welcome to another edition of the Executive Profile on CBT News. Recently, anchor Jim Fitzpatrick traveled to Davie, Florida, to speak with Rita Case, president and CEO of the legendary...
Used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy.

Rethinking used car management in a post-COVID economy — Josh Callahan | Ally

- February 15, 2024
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy. Here...
A new electric vehicle credit transfer process has resulted in the distribution of $135 million to car dealers since the start of the year.

Treasury says new electric vehicle credit process seeing early success

- February 14, 2024
The U.S. Department of Treasury has distributed $135 million in electric vehicle credit reimbursements to car dealers since the start of the year after implementing a process that allows consumers...
Sonic Automotive recorded impressive financial gains but struggled to maintain momentum across all divisions as profit margins shrank.

Sonic Automotive doubles annual profit as margins face pressure

- February 14, 2024
Sonic Automotive saw earnings and revenues rise over the course of 2023 even as profitability headwinds put downward pressure on margins, according to the company's quarterly and full-year earnings released...
New vehicle prices remain inflated but has inched closer to MSRP values since last January thanks to stable demand and rising supply.

Vehicle prices dip to 7.2% over MSRP as supply improves

- February 13, 2024
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable...
Stellantis will adopt Tesla's NACS in future EVs but has yet to clarify whether drivers will have access to the Supercharger network.

Stellantis adopts NACS, skips deal with Tesla for Supercharger access

- February 13, 2024
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug. NACS connectors are used in Superchargers,...
Edmunds analyzed website traffic following the airing of the four car commercials shown during the 2024 Super Bowl. Which models stood out?

Which 2024 Super Bowl car commercial caught the most attention?

- February 12, 2024
Few automakers participated in Super Bowl advertising this year, but the ones who did saw notable increases in internet traffic following the airing of their commercials. Only four car commercials were...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.