On today’s CBT Newscast for Monday, February 12th, 2018:
Will rising interest rates impact dealer profitability?
If interest rates keep rising this year, what will be the impact on dealership profitability? In our monthly market update, we asked Erin Kerrigan, Founder and Managing Director of Kerrigan Advisors. Watch Now
Why this expert analyst doesn’t trust Musk
We can all agree that it’s unprofessional to mock the unfortunate circumstances of others, even when it’s a company that is opposed to the current dealer model. Tesla posted its biggest quarterly loss recently and continues to struggle with production problems on its new Model 3 sedan. Elon Musk has failed many times on delivering Tesla’s forecasts, but it might be different this time. In a recent interview with CNBC’s Earnings Central, Oppenheimer’s Colin Rusch was simply asked a point-blank question. Watch Now
Subaru President & COO on how to keep loyal customers
When just about every automaker has jumped on the autonomous bandwagon, Subaru of America President Tom Doll recently told the crowd at the Chicago Auto Show that most people still want a “long-term realationship with the car or two in their driveway.” WardsAuto reports that Subaru of America has been on a roll for the past decade. The company has seen 10 straight years of sales growth, setting records in nine of them. A few months ago at the LA Auto Show, Doll gave credit to dealers for doing this. Watch Now