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Automakers prepare for CES, Elon Musk drug allegations, EV charging vs gas

CBT Now

On the latest episode of CBT Now, Sean Gardner joins us to discuss the importance of setting goals and following through with your plan.How to set more effective goals this year – Sean Gardner | Joe Verde Group
A new year isn’t just about dreaming; it’s about translating those dreams into tangible goals. On the latest episode of CBT Now, Sean Gardner, Instructor and Sales Trainer at the Joe Verde Group, joins us to discuss the importance of setting goals and following through with your plan. Watch full segment here

Top Stories

The 2024 CES trade show starts January 9, with this year's event expected to focus on transportation, mobility, and artificial intelligence.Automakers and technology companies are preparing to unveil a host of innovative mobility and transportation products at the annual 2024 CES trade show, starting tomorrow, January 9. Last year was an eventful period for the tech sector, with the sudden proliferation of widely available artificial intelligence platforms opening new doors for growth and improvement. Read More

Tesla and SpaceX CEO Elon Musk has faced pushback from fellow company leaders over his alleged drug use, according to the Wall Street Journal.Tesla and SpaceX CEO Elon Musk has come under fire from fellow executives and board members over his alleged drug use, according to a new report by the Wall Street Journal (WSJ). In its article, the WSJ reported that business leaders involved with Musk have grown increasingly worried and vocal over his use of a plethora of illicit substances, including cocaine, ecstasy, ketamine, and LSD. Read More

GM's Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator involving a crash.On January 5, General Motors’ Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the company’s failure to disclose information about a self-driving car crash involving a pedestrian. The California Public Utilities Commission had ordered Cruise to appear at a hearing on February 6 after accusing the company of misleading public statements regarding their dealings with the agency and not providing full disclosure about the magnitude and significance of the accident. Read More

The national average for an "eGallon" is less than half the current price of gas, implying that charging an EV remains more affordable.In most areas of the U.S., charging an electric vehicle (EV) costs about $1 or $2 per gallon of gasoline [as of January 5]. The national average for an “eGallon” is $1.41, less than half the current price of gas, which is $3.09 per gallon. For example, in Connecticut, charging an EV costs the equivalent of $2.53 per gallon of gas. While in Utah, charging an EV costs around $1.02 per gallon of gas. Additionally, in Wisconsin, charging an EV costs the equivalent of $1.24 per gallon of gas. Read More

For Dealers

Is there a disconnect between your service managers and technicians? Here’s how to fix it
Strong connections between service department managers and technicians are vital on two fronts: productivity and customer satisfaction. But sometimes poor communication, lack of training, and other factors impact workflow and the fixed ops bottom line. Let’s explore what causes this friction and how to smooth things over to foster teamwork and camaraderie. Read More

Today, we explore two of the most common F&I mistakes that can happen at any dealership whether with a veteran or a rookie F&I manager.Don’t wait to correct F&I mistakes–acting quickly benefits everyone
With so many people involved in every car deal, there are several ways that things can go sideways. Between sales, F&I, delivery, etc…breakdowns can occur at any stage in the process. How those mistakes are handled, especially in F&I, can impact your dealerships reputation and how customers view the experience of buying a car from you. It’s important for F&I managers to understand that the faster they recognize an error and take responsibility, the easier it is to move on from it. Read More

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CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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