How do regulations benefit customers? | Why the Auto Retail Market is Doing Great | Anticipating Trends vs Forecasting | Dealership’s Response to Panhandler Goes Viral

On today’s CBT Newscast for Wednesday, June 21st, 2017:

How do regulations benefit customers?
Joe sits down with Steve Roenneau, VP of Compliance for EFG Companies, to discuss simplifying the sales process for customers, industry regulations, and F&I Manager training. Watch Now

Why the Auto Retail Market is Doing Great
For months — and really, for about two years — analysts and certain media outlets have been drumming a steady beat about a downturn in the US auto market. The beat was off for both 2015 and 2016, when annual sales set records of 17.5 million and 17.55 million, respectively. But that’s a red-hot sales level, well above the so-called “replacement rate” in the US — the normal churn of old cars being replaced by new ones… Read More

Marketing Without 5-Year Forecasts Key to Success and Growth
Vince Sheehy, president and CEO of Sheehy Auto Stores, isn’t a big fan of long-term planning. Instead, Sheehy, who oversees 24 stores with annual sales of more than $1 billion, tries to anticipate trends rather than “wasting” his time looking five years into the future. Read More

Metro Detroit Dealership’s Response to Panhandler Goes Viral
A Brighton car dealership’s bold statement toward a panhandler that is often seen outside its doors is turning heads. Read More


CBT News
CBT News
For over 10 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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