On today’s CBT Newscast for Friday, March 2nd, 2018:
Simple Changes That Increase Profits
Steve Stauning, Founder of SteveStauning.com and regular contributor at CBT News, sat down with CBT’s Joe Gumm to discuss some simple changes you can make to increase profits at your dealership. Watch Now
Are Consumers Upgrading Cars like They Would a Cell Phone?
Remember when you were your dad’s remote control, getting up from the sofa to change channels? What a day when your family got its first TV with a remote. When it comes to auto retail, it’s taking people some time to purchase that new car with all the bells and whistles. According to CNBC’s Phil LeBeau, we’re starting to see certain customers, those who have had their cars for more than 10 years, come around to upgrading. Watch Now
Sign of the times? Porsche Equips 189 Dealerships With Charging Stations
USA Today says in an effort to sell its forthcoming Tesla-fighter, the Mission E electric sedan, Porsche plans to equip its 189 U.S. dealerships with 800-volt fast-charging stations. Porsche Cars North American CEO Klaus Zellmer says the stations will allow the company’s four-door Mission E, which is due for release sometime in 2019, to add 250 miles to its range in around 20 minutes. Watch Now