Can auto dealers compete with direct-to-consumer EV sales?
To the Editor:
It’s been a common theme for a while now that small dealerships won’t be able to survive as the big dealer groups keep growing, but I’m not sure...
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
Tom Maoli on the importance of improving infrastructure to support the EV market
Today, we welcome Tom Maoli to CBT News. Maoli holds a number of different titles, including President and CEO of Celebrity Motor Cars, President and CEO of Real Estate Opportunity...
CBT automotive newscast: March 4, 2021
Featured Interview:
Tom Maoli on the importance of improving infrastructure to support the EV market
Today, we welcome Tom Maoli to CBT News. Maoli holds a number of different titles, including President...
FCA North America pleads guilty in labor corruption scandal
On Monday, an executive for Fiat Chrysler North America acknowledged that the carmaker indeed conspired to pay in excess of $3.5 million in bribes to union leaders over the course...
CBT automotive newscast: March 3, 2021
Featured Interview:
How NAMAD is investing in the next generation of minority dealers
There are currently only 1,234 ethnic minority dealers out of the 18,200 franchise new-car dealers. The National Association of...
Lithia Motors & Driveway (LAD) Adds $430 Million of Revenue in Key Southeast Region
MEDFORD, Ore.--Lithia Motors & Driveway (NYSE: LAD) announced it has acquired five locations in Florida, all serving the greater Tampa market. The acquisition is expected to add $430 million in...
Third round of stimulus checks nears Congressional approval
On Saturday, the House narrowly passed a $1.9-trillion-dollar pandemic relief and stimulus package that could see payments sent to American households in March. The House vote squeaked by with a...
CBT automotive newscast: March 2, 2021
Featured Interview:
AutoNation CEO Mike Jackson discusses Q4 results, digital retailing, the used-car market, and EVs
AutoNation is coming off a record-setting quarter at the end of 2020. One of the nation’s...
A different approach to dealership hiring during a pandemic
To the Editor:
Great interview with Shawn Hays. Definitely an energy guy! I love how he has done the opposite of most every dealer and hired more people during this time. Dealers right...
Force Marketing making bold moves with acquisition of GSM, a fixed-ops marketing company
On this special edition of CBT News, John Fitzpatrick, Co-Founder and CEO of Force Marketing, and Shelley Washburn, President of GSM join guest host Steve Greenfield to discuss an exciting...
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