Today on CBTNews.com – Wednesday, March 20th, 2019:
Chevy Dealer Tim Roberts Discusses the Challenges Ahead and Becoming a MotorTrend CPO Dealer
According to numerous projections, the retail auto industry is on track to face some tough challenges this year. Which means it’s more important now, than ever, to utilize every department in your dealership to its fullest potential. On today’s show, we have Tim Roberts, partner at Champion Chevrolet of Avon. We discuss how dealers can maximize gross profit in all areas of the dealership, and the importance of offering a certification on non-brand vehicles. Watch Now
What Does South Africa’s Production and Development Program Mean for the US?
The Automotive Production and Development Program (APDP) in South Africa (SA) has undergone some recent changes. The program requires motor companies to increase the value of local content in SA-made vehicles to at least 60%. The program also requires a dramatic increase in the number of black-owned companies that will be supplying components and sub-components. Read More
Models Slow to Leave Lots
2018 was a mixed-bag year for the car industry. While sales seemed to rise, there were signs of change, omens strong enough to prompt a massive wave of action by several companies. One of those currents were the clear indications that small and mid-sized cars are now out of fashion, with most Americans opting instead for SUVs, trucks, and crossovers. Looking at the top-selling vehicles of the year, most lists were dominated by the latter, like the RAV4 and the Ford F-Series pickup. This trend led Ford to jettison any of these models in their product lineup, and GM to close/repurpose the factories that produce them. Read More