CBT automotive newscast: August 20, 2021
Featured Interview:
Why this N.C. dealer group is investing big in its BDC departments
The retail automotive industry changes rapidly so what are BDC departments doing to keep up? On today’s show...
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
TSLA376.3002.58%
GM78.050-0.47%
F12.385-0.095%
RIVN16.520-0.43%
CYD42.2400.37%
HMC24.340-0.14%
TM192.320-3.76%
CVNA409.0506.03%
PAG160.4200.42%
LAD274.920-1.47%
AN203.0700.1%
GPI341.3901.61%
ABG203.0601.05%
SAH71.8400.62%
Automotive News
Sonic Automotive increases minimum hourly wage to $15
CHARLOTTE, N.C., August 19, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announces wage increases to provide all...
Third week of Chicago auto mechanics strike: CATA Pres. David Sloan talks latest proposal
IAM Mechanics Local 701 union members from the Chicago area are now in their third week of a strike after rejecting a proposal for a new contract. Here to discuss...
GNYADA Pres. Mark Schienberg on the decision to postpone the New York Auto Show
In light of new coronavirus concerns and the increase in Delta variant cases, the New York Auto Show has once again been canceled and rescheduled for a later date. Should...
July vehicle prices hit all-time high while incentives vaporize
The average transaction prices for new vehicles are pushing vehicle purchases into unaffordable territory for shoppers – at least, for those who can find the vehicle they want. According to...
GNYADA Pres. Mark Schienberg on the decision to postpone the New York Auto Show
In light of new coronavirus concerns and the increase in Delta variant cases, the New York Auto Show has once again been canceled and rescheduled for a later date. Should...
CBT automotive newscast: August 19, 2021
Featured Interview:
GNYADA Pres. Mark Schienberg on the decision to postpone the New York Auto Show
In light of new coronavirus concerns and the increase in Delta variant cases, the New York...
Bloomberg Senior Auto Analyst Kevin Tynan on current supply issues, consumer demand, and inventory variations
On today’s show, we’re pleased to welcome back Bloomberg Intelligence’s Senior Automotive Analyst, Kevin Tynan. Tynan begins the conversation by sharing his thoughts on Q2 earnings. He says the past...
Online ‘search relevance’ is key to digital retailing — Are OEM platforms the answer for franchised dealers?
To the Editor:
I totally agree with Brian Benstock about "search relevance." For years when I was a Porsche dealer I asked PCNA to host a National CPO website. It never...
DealerSocket lays off large portion of employees as part of restructuring plan
Dozens of DealerSocket employees were let go from their jobs in July effective immediately, just two months after the Software as a Service (SaaS) firm was acquired by Solera Holdings...
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