This electric car could give Tesla a run for its money

Tesla
Here, in the motor court of a $55 million Newport Beach estate, climbing into the rear of the Lucid Air for test ride, we’re already skeptical. Beneath the Jackson Pollock-esque camouflage wrap, the California-based marque's prototype has the futuristic lozenge shape we’ve seen in photos, but...

Uber raises prices, doesn’t pay drivers any extra

Electric Cars
Good news for workers! Uber is raising prices, which means you can feel a little less guilty about using the private taxi service, because its drivers will finally get paid a fair wage, right? Not so fast: while Uber is raising its booking fee,...

Is Uber stealing self-driving car secrets?

Uber
Waymo, the company spun out of Google's self-driving car technology, on Thursday filed a lawsuit accusing Uber and Otto, a company Uber acquired last year, of stealing intellectual property. Waymo is suing both Uber and Otto, a startup that was acquired by the San Francisco...

Is Tesla in trouble?

Tesla Trouble
Elon Musk is burning through cash and may need to raise more soon to produce the mass-market electric sedan Tesla Inc. is banking on to reach the mainstream consumer. A capital raise would provide more cushion to the smallest and youngest publicly held U.S. automaker,...

Association News

Auto Deals Want Congress to Reconsider Tax The American International Auto Dealers Association (AIADA) and the National Automobile Dealers Association (NADA) joined the Border Adjustability Tax Coalition in sending a letter to Congressman Kevin Brady (R-TX), chairman of the House Ways and Means committee.  While expressing support for...

Cody Lusk president of the AIADA speaks with CBT’s Jim Fitzpatrick about the proposed Border Adjustment Tax, Trump administration’s impact on the car business, Tesla’s business model and his...

video
Jim Fitzpatrick, CEO of CBT Automotive Network interviewed Cody Lusk, President of the AIADA this week and they discussed the impact a Trump presidency will have on the import auto business, the proposed Border Adjustment Tax (BAT) , Tesla business model of selling new...

Association News

Car Sales will Stabilize in 2017 Steven Szakaly, chief economist of the National Automobile Dealers Association, predicts sales of 17.1 million new cars and light trucks in 2017. “We are headed toward a stable market for U.S. auto sales, not a growing market,” Szakaly said. “The...

Auto Nation takes car shopping to new heights

Auto Nation takes car shopping to new heights With car shoppers more savvy then ever, the dealer model is being turned on its head. The traditional car-buying experience of going to three or four dealerships, kicking tires and getting wined and dined by a series of...

HEADLINES

newscastvideo

Making Changes and Meeting Customer Expectations | Trump administration tax hike might impact car...

  On today's CBT Newscast for Monday, February 19th, 2018: Michael Anderson: Making Changes and Meeting Customer Expectations Consumers have changed and it’s impacting Car Dealerships. Michael...
cusotmersvideo

Zeroing In On Your Customers’ Wants and Needs

  On this week's episode of Straight Talk, David Lewis talks about how to discover your customers' true wants and needs by asking the right...
customer expectationsvideo

Michael Anderson: Making Changes and Meeting Customer Expectations

  Consumers have changed and it’s impacting Car Dealerships. Michael Anderson, CEO of The Rikess Group, has some suggestions on how you can you can...
sales

4 Opportunities That Create More Sales

Opportunity #1 – Bring your own business To be successful for a long period of time you must create lead generation marketing. Lead generation equals...

Zeroing In On Your Customers’ Wants and Needs

  On this week's episode of Straight Talk, David Lewis talks about how to discover your customers' true wants and needs by asking the right...

Don’t be like everyone else on the demo drive

The demo drive is where the customer falls in love with the vehicle. Don't be like everyone else. Let the customer decide where they...

The 7 Circles of Internet Sales Success – The Coaching Circle

On today's episode of Progressive Retail, Cory Mosley discusses how to increase your sales by using the 7 Circles of high profit, high volume...