Ford Bronco begins rolling out of assembly plant
After months of delays, the new Ford Bronco is finally going to make its way to dealers. Around 100,000 customers who placed pre-orders have been waiting almost six months past...
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%
Auto News
G7 discusses shift to electric cars with softer stance on deadlines
Among the pressing political issues discussed at the 47th G7 Summit on the weekend is the topic of electric cars. The seven world leaders attending the summit were to discuss...
Selly Automotive CEO Zach Klempf shares the importance of texting with customers
There is no doubt that dealership operations have been impacted by the pandemic. In fact, we even saw some dealers taking a creative approach to reach consumers at home. On...
Auto sales forge ahead in May despite inventory shortages
April was one of the best months in automotive retail historically, and May was expected to be similar. However, the seasonally adjusted annual rate (SAAR) reversed course by a fair...
Is the surge in automotive M&A activity likely to continue in Q3 and Q4? – Ryan Kerrigan, Kerrigan Advisors
Over the past year, CBT News has reported on the incredible M&A activity in the retail automotive industry. Profitability, transactions, and market valuations for the public companies have been off...
Sonic Automotive reports record first quarter revenues and earnings per share
CHARLOTTE, N.C.-- Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the first quarter ended March 31, 2021. The financial...
Work-life balance in F&I: It’s easier than you think
‘Work-Life balance? In a dealership? Not a chance…’
That was an actual quote from a friend of mine who has worked in the F&I world since the early 80’s. She laughed...
Buy/Sell expert Ryan Kerrigan discusses LMP Automotive’s acquisition of two high-volume Kia stores
The newest publicly traded retailer to the market, LMP Automotive, recently closed on a handful of dealerships, including two high-volume Kia stores. Today on CBT News, Ryan Kerrigan, Managing Director...
CBT News Market Update: Bill Reidy & Lance Schafer, LotLinx
Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came out to 6.59, a 15.3% dip from...
The automotive buy/sell market on course to maintain strong activity in 2021 – Erin Kerrigan
Today on CBT News, Erin Kerrigan joins the show to share a monthly update on automotive M&A activity and the Kerrigan Index. Kerrigan is the Founder and Managing Director of...
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