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

Saturday Morning Sales Meetingvideo

Become Your Own “One-A-Day Vitamin”

Become your own "One-A-Day Vitamin" by finding the things that move you forward every day on this week's Saturday Morning Sales Meeting with Mark...
accountability

How Can You Bring Accountability Into Your Dealership with Optimal Results

Service Managers, Service Directors and Fixed Operations supervisors everywhere look for the best practices to employ in running a smooth and profitable business. Obtaining...
millennials

The ABCs of Selling to Millennials

Millennials. They turn to their phone for everything: ordering groceries, snapping selfies, booking reservations, Instagramming avocado toast, and stalking exes. It’s no surprise that...
Joseph Michellivideo

Does Your Dealership Experience Meet Your Customer’s Expectations? – Joseph Michelli, NYTimes Best Selling...

Our guest today on the CBT Automotive Network is an expert when it comes to instilling the knowledge and power your business, managers, and...

Become Your Own “One-A-Day Vitamin”

Become your own "One-A-Day Vitamin" by finding the things that move you forward every day on this week's Saturday Morning Sales Meeting with Mark...

Protecting Your Customers’ Personal Information

When was the last time you checked your safeguard procedures? On today's episode of F&I Today, Becky Chernek talks about protecting your customers' personal...

Texting Strategy

Adults spend an average of 23 hours a week texting. Every day there are about 6 billion text messages sent in the U.S. with...