NADA President Peter Welch Talks About the Impact of Trump’s Proposed Tariffs [Interview]
Tariffs put in place by the Trump Administration went into effect last week. To talk about the impact these tariffs will have on the auto industry, National Automobile Dealers Association President Peter Welch joins the CBT News Network. During our interview with Welch, we learned...
Marchionne in Critical Condition; Auto Community Reacts
Auto executives and analysts are expressing shock, sadness and speculation in the wake of the announcement this weekend that Fiat Chrysler Automotive CEO Sergio Marchionne is stepping down due to a serious illness. The announcement was published over the weekend by FCA. According to...
Cody Lusk: Imposing Tariffs is Detrimental to the Economy and American Workers
CBT Automotive sat down with Cody Lusk, President, and CEO of the American International Automobile Dealer Association, who had just provided testimony on behalf of America’s 9,600 international nameplate automobile franchises last week in Washington, DC. Chaos still swirls around the automotive industry and...
Transformers Actor Mark Wahlberg Now A Chevy Dealer
With their substantial disposable income, it's not surprising that celebrities sometimes indulge in some pretty high-end, out-there purchases. In 2003 Mike Tyson bought a Bengali Tiger which costs him an impressive monthly $4,000 in upkeep. In 2005 the popular singer Bono spent $1,700 to...
What Do I Do With All This Data?
By 2021, Market Reports Center projects that Big Data Investments in the Automotive Industry will reach $5 billion. The Market Reports Center also already estimates that number to reach $3.3 billion by the end of this year, so we are well on our way...
Are You Prepared for the Unexpected?
Right now, the economy is smiling on the auto industry. Numbers are up from last year and future tax policies seem to favor car sales. However, mid-year predictions forecast that though we’ll continue to see some growth in the coming months, dealerships should be prepared...
U.S. Auto Sales Round Out On A High Note for First Half of 2018 – Kerrigan Advisors Market Update
Bridget Fitzpatrick welcomes Ryan Kerrigan, Managing Director of Kerrigan Advisors, to the studio to discuss the Kerrigan Market Update, how June ended on a high note and the growth within the automotive industry. VIDEO TRANSCRIPT: Bridget: All right, so let's start with the Kerrigan Auto Retail...
Are You A Part Of The New Auto Industry?
The United States is the overall second largest vehicle production and sales market in the world. 2017’s sales numbers reached an all-time high of $17.1 million units, with this being the third straight year in which it has surpassed the 17 million mark. Since Honda...
How Your Dealership Staff Can Support Life Saving Initiatives
For many, a car represents freedom, flexibility, and accessibility. Unfortunately, for others, it can bring thoughts of tragedy and danger. Car safety is an issue that impacts all of us, and there are some who have directly been affected by hazards involving cars. The...
Looking to Start a Subscription Service at Your Dealership? Here’s One Solution.
There is a lot of talk about subscription services in the auto industry these days. Dealers and consumers are finding themselves asking how the vehicle subscription process works and what could be the benefits? To help us answer those questions for you and explain...
HEADLINES
Feature Benefit Selling by Mark Wahlberg
Today's CBT Automotive sales tip of the day is brought to you by the newest Columbus Ohio car dealer, Mark Wahlberg. Take a look!
Solutions That Measure and Manage Your Dealership’s Recon Process
If you’re a dealer struggling to get your used vehicles in and out of recon as quickly as possible, you’ll want to pay attention...
Why Your Team Should Be Certified
Certifications, regardless of what they are for, tells your professional peers and employers that you are well-qualified to take things seriously. It can help...
Making the Connection: Four Ways to Align your Goals
Who are you as a dealership, and what do you stand for? If someone were to ask the above question to one of your...
What Does Digital Retailing Have To Do With F&I?
On this week's episode of F&I Today Becky Chernek talks about digital retailing and what it has to do with F&I. Why should you...
The Power of Right Example
On this week's episode of Hard Truths with Dave Anderson we talk about the power of right example. Everybody is already leading by example,...
What Sets Your BDC Apart From the Competition?
On this week's episode of Kain & Co., David Kain talks to Emily Lindau of Johnson Motors & Ford in Wisconsin about what their...
