During the fourth quarter of 2020, the average down payment for new vehicle buyers increased notably from $4,329 a year ago to $4,734. Over that same time frame, total purchase price...
Today’s Featured Interview:
4 strategies to get the maximum effort from your entire team
As the new year begins, dealers are looking to get maximum effort from their entire team. Celebrated trainer,...
Today on CBT News, we're pleased to welcome the new Chief Revenue Officer of LotLinx, Bill Reidy, to the show. In this segment, Reidy discusses his background in automotive, his...
Today’s Featured Interview:
How dealership teams can come together and thrive under difficult circumstances - Mike Robbins
As business leaders, dealers are constantly looking for ways to build strong cultures of high...
COVID-19's appearance near the start of 2020 had a significant impact on the entire globe. It forced many markets to adapt and overcome staggering challenges. Across the automotive industry, many...
An early-morning meeting for PSA Group shareholders on Monday has resulted in an overwhelming majority vote to merge with Fiat Chrysler Automobiles. With 99.85% support, the shareholders approved the move to combine...
Today’s Featured Interview:
7 industry developments that car dealers can expect in 2021 - Kevin Tynan, Bloomberg
COVID-19's appearance near the start of 2020 had a significant impact on the entire globe....
Today on CBT News, Mark Schienberg, President of the Greater New York Automobile Dealers Association, joins the show to discuss a recent audit report released by the association. The audit...
The SEMrush State of Content Marketing Report showed that "approximately 91% of companies use content marketing." If you are new to the content marketing field, this article shares some basic...
As a business leader, you need to be well aware of the various business dynamics that prevail in the corporate industry. In addition, you will have to stay alert to...