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UAW workers approve new contract, Toyota and Pepco research V2G, Fisker files for bankruptcy again

Top stories

UAW workers at Ohio plant approve new contract with significant wage increases. Read More

Toyota and Pepco collaborate on V2G research for EVs. Read More

Fisker files for bankruptcy amid struggles in EV Market. Read More

Recurrent study reveals the effects of extreme heat on EVs. Read More

Featured Interview

On today's episode of Inside Automotive, Tom Maoli, president and CEO of Celebrity Motor Car, shares the current market conditions.Tom Maoli reveals insight into market trends, political implications, and business strategies
According to Edmunds, BMW led U.S. luxury sales in the first quarter. As elections quickly approach, what implications will they have for the high-end luxury car market? On today’s episode of Inside Automotive, Tom Maoli, president and CEO of Celebrity Motor Car, is here to share his thoughts on what we’re seeing in the market and economy today. Watch the full segment here.

Mark Watson, VP of Finance and Insurance Operations at Van Horn Automotive Group, reveals how he has harnessed the power of digital solutionsHow Van Horn Automotive Group is leading dealerships’ digital transformation Staying ahead means embracing innovation and digital transformation in a rapidly evolving automotive retail landscape. On the latest edition of Dealer Forward, Josh Bickerton, Director of Product Consulting at Dealertrack, is joined by Mark Watson, Vice President of Finance and Insurance Operations at Van Horn Automotive Group, who reveals how his dealership has harnessed the power of digital solutions to enhance efficiency, streamline operations, and elevate customer satisfaction. From integrating comprehensive tools within the Cox Automotive ecosystem to fostering a culture that embraces change, Van Horn Automotive sets new standards for dealership excellence in the digital age. Watch the full segment here.

For Dealers

Today, Pete MacInnis concludes the series by focusing on core causes of the disconnect between the sales and finance process.The disconnect between sales and finance
In my three recent articles, From the Fax Machine, to the Future: Auto Finance Disruption Time is Here,” “Digital Finance: Consumer Expectations and Today’s Digital Retail Reality,” and “Automotive Finance: The Adverse Impact of Declining Transparency,” I leveraged data from recent surveys of auto lenders and dealers to discuss the barriers to achieving the next generation of automotive finance. This included how inaccurate online payment quotes are generating alarming disconnects between quotes and fundable contract terms, and the adverse impact of declining lender transparency on the car buying experience. 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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