Rivian and Amazon Teaming Up for Electric Deliveries

Rivian
In a move similar to the collaboration that Walmart announced with Tesla in late 2017, Amazon has announced that the e-commerce giant has invested in a slew of Rivian electric delivery trucks and is hopeful some of them will be on the road in...

Surprise Numbers from Subaru, and Better Than Expected Sales Results for Q3

Q3
2019 has been a year of wondering if and when the bottom would fall out regarding auto sales. Regarding new auto sales, some have predicted that this year will be dismal. Everything from a saturated market to rising transaction prices has been predicted to...

Sales Results from Q3 Signal Another Steady and Robust Year for Auto Retail – Patrick Manzi, NADA Senior Economist

Q3video
Q3 for the retail auto industry has come to a close. And today we're joined by NADA senior economist, Patrick Manzi, to get an in-depth analysis of the key highlights and results for the quarter. VIDEO TRANSCRIPT:  Jim Fitzpatrick: Welcome back to the show, Patrick. Patrick Manzi:...

Vehicle Listings Taking Too Long? Save Time and Money with this Solution From Manheim Express – Chenita Willis

Manheim Expressvideo
On today’s show, we're pleased to welcome Manheim Express Concierge Specialist Chenita Willis, to discuss how dealers can use this mobile app to its fullest capability, and make listing vehicles easier and less time-consuming.  VIDEO TRANSCRIPT:  Jim Fitzpatrick: Hi everyone. I'm Jim Fitzpatrick with CBT news....

AIADA Chairman Howard Hakes on NAFTA, Tariffs, and Vehicle Affordability

Howard Hakesvideo
This summer sure has been busy for Washington with U.S.-China trade war threats, CAFE regulations, and a historic cut in interest rates. And the folks over at AIADA have been following these developments closely and measuring the impact they will have on the industry....

The Big Winners from the J.D. Power Resale Value Awards

resale value
Retaining substantial resale value is a game-changer in the auto industry. "One of the biggest concerns for many new-vehicle owners is depreciation," said Jonathan Banks, Vice President of Vehicle Valuations & Analytics at J.D. Power in a company press release.  Vehicles that manage to...

China Makes Significant Move in Trade War with U.S.

trade war
The trade war between US and China just got worse on Friday. Beijing has now imposed tariffs on $75 billion in American goods in retaliation for Trump’s escalating tariffs on imported Chinese goods. The conflict has been on a collision course, with many Americans...

What the Fed Interest Rate Cuts Mean for the Auto Retail Industry

interest rate
On July 31, the Federal Reserve lowered its interest rate for the first time in over a decade. Now set at between 2 percent and 2.25 percent, the rate was cut due to various factors such as “trade policies and low inflation,” according to...

Nominal Gains Only Tell Part of the Story For July 2019 Auto Sales

July 2019
According to NADA, overall new light-vehicle sales took a small hit in July. Unit sales for the month came in at 1.39 million. Even though this number is higher than last year’s 1.36 million during July, the seasonally adjusted rate (SAAR) is still coming...

The Importance of Dealership Wayfinding and Design

customer
How does your dealership layout affect customer experience? Is the customer aware of all of the features your dealership has to offer and can they easily navigate to their desired destination? If you spend your days inside a dealership, it might be easy to...

HEADLINES

auction volumevideo

CBT Automotive Newscast for November 14, 2019

Today on CBTNews.com - Thursday, November 14th, 2019: Inventory and Auction Volume: The Latest from J.D. Power's Larry Dixon On today's edition of CBT News, we...
organic trafficvideo

Organizing Your Organic Traffic

 On today's Tip of the Day, Brian Pasch goes over organic and inorganic traffic and gives you some tips on how to organize these...
managementvideo

Accountability in Dealership Management

On this week's episode of Kain & Company, David Kain goes over the role of managers and how critical it is to be held...
sales and service

Improving Your Sales-to-Service Handoff

Sales and service have their own distinct roles in any dealership. In an ideal world, sales exists to attract and new customers and to...

Accountability in Dealership Management

On this week's episode of Kain & Company, David Kain goes over the role of managers and how critical it is to be held...

Marketing and Sales Attribution

On this week's episode of Auto Marketing Now, Brian Pasch talks about the latest updates in marketing and sales attribution as well as strategies...

October’s Kerrigan Market Update Reveals Positive News for the Auto Retail...

Welcome to the Kerrigan Advisors Market Update with Bridget Fitzpatrick and Ryan Kerrigan, managing director of Kerrigan Advisors. VIDEO TRANSCRIPT:  Bridget F.: Hello everyone. I'm Bridget...