TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


Daily Automotive News

S&P Global revealed potential EV buyers are more concerned about the cost of owning an EV than range anxiety or charging infrastructure

S&P Global Mobility survey finds affordability is top concern for EV buyers

- November 16, 2023
According to a recent survey by S&P Global Mobility, potential electric vehicle buyers are more concerned about the cost of owning an EV than the range anxiety or charging infrastructure...
In early October, the California New Car Dealers Association’s 2023 Franchise Bill (AB 473) was signed into law, strengthening franchise laws in the state.

California’s new franchise law: what dealers need to know – Brian Maas | CNCDA

- November 14, 2023
In early October, the California New Car Dealers Association’s (CNCDA) 2023 Franchise Bill (AB 473) was signed into law, strengthening dealership rights in the state. Brian Maas, the President of...
Sheldon Sandler joins CBT Now to discuss the crucial but often overlooked role real estate plays when attracting dealership buyers.

The role of real estate in the dealership buy-sell transaction — Sheldon Sandler | Bel Air Partners

- November 14, 2023
When it comes to selling their business, many dealers overlook a critical component of the transaction: real estate. With mergers-and-acquisitions activity still lagging behind its pre-pandemic pace, retailers will need...
Peter Thiel and Jayson Crouch join Driving Solutions to discuss falling dealership values and what they mean for retailers.

What falling dealership values mean for the future of M&A

- November 13, 2023
Dealership values remain higher than before the pandemic but have started to decline in the latter half of 2023. This has led some to feel concerned about their retirement plans...
There are multiple ways you can amp up your savings and investments while sales, commission checks, and pay plans continue to fluctuate. 

How car salespeople can save and invest consistently when making a living on commission

- November 10, 2023
The challenge of committing and remaining consistent with investment savings aside from your 401k when your money is dominated by commission-based income.  A difficult challenge to overcome? Yes. But far from...
Jeff Dyke joins Inside Automotive to discuss how Sonic Automotive successfully navigated the third quarter and what he expects to see in 2024.

Where dealership groups stand heading into Q4 — Jeff Dyke | Sonic Automotive

- November 9, 2023
At the end of October, Sonic Automotive held its third-quarter earnings call with shareholders, sharing details of its performance over the period and setting expectations for the months to come....
Patrick Manzi joins Inside Automotive to discuss the latest trends influencing the retail automotive sector as it prepare for Q4 and beyond.

The most important retail automotive trends to monitor for 2024 — Patrick Manzi | NADA

- November 9, 2023
Retail automotive continues to change under a multitude of factors, from fluctuating interest rates to changing consumer preferences. As dealers prepare for the new year, it is crucial to study...
The rise of electric vehicles offers an unprecedented opportunity for OEMs and dealers to redefine dealership design.

Rethinking dealership design for electric vehicles

- November 9, 2023
The automobile industry is attempting a seismic shift. OEMs, at the direction of the government, are not only wanting to change the way we drive but also how we purchase...
Farid Ahmad joins Driving Solutions to discuss how today's buy-sell market has changed and its impact on multi-generational dealerships.

Why second-generation dealers are less common in today’s buy-sell market — Farid Ahmad | DSMA

- November 8, 2023
The dealership buy-sell market has changed substantially in 2023 under the weight of economic headwinds, new technologies, and uncertainty toward the future. Knowing the landscape of today's M&A sector is...
Automotive industry news: Toyota's gains, IRS EV tax credit portal, Rivian's clean energy feat, and new UAW labor deals.

Weekly roundup: IRS opens dealer Energy Credit Portal registration, Toyota’s EV plans, GM, Stellantis ink tentative UAW deals

- November 3, 2023
Earlier this week: Toyota revved up with soaring profits, EV investment plans, and pay raises following an impressive third-quarter report. Meanwhile, the IRS streamlined the transition to electric vehicles with...


CBT News
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