The first ever virtual National Automobile Dealers Association (NADA) show is coming to an end. The virtual experience began on Tuesday, February 9 and ran through Thursday, February 11. The...
Projections for U.S. light-vehicle sales in the next five years are optimistic, according to research shop Benchmark Co. By 2025, there will be a record 245 million licensed drivers in...
The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of their fiscal year. Toyota Motor Corp increased...
Top Headlines:
Rick DeSilva of Liberty Subaru in Emerson, New Jersey was named the 2021 Time Dealer of the Year. DeSilva was awarded the honor at the virtual NADA show. DeSilva...
Rick DeSilva, owner of Liberty Subaru in Emerson, NJ, was announced as the 2021 Time Dealer of the Year. DeSilva was awarded the honor by Time and Ally Financial at...
Today on CBT News, we’re pleased to welcome back Kalah McCoy, Executive Vice President at Velocity Automotive Solutions, Hugh Hathcock, Owner and Founder of Velocity Automotive Solutions, home of VelocityEngage...
Automotive M&A deals have been very active over the last 12 months as major retailers expand their footprint into new markets. Lithia Motors has been one of the most aggressive...
Lithia Motors has acquired two stores in Florida, expanding its presence in the Southeast Region. The growing retailer announced the transaction in a press release, saying it had reached a...
Today’s Featured Interview:
Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan
Automotive M&A deals have been very active over the last 12 months as major retailers expand...
With the 2021 NADA virtual show just around the corner, CBT News anchor Jim Fitzpatrick talks with Pogo Parr, President of Automotive at CallSource, about the growth of technology in...