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Daily Newscast: Mark Fields, Subprime market “not a bubble” | Challenges facing car dealers in Q2 | Dealership Employment Sets Record | 4 Core Leadership Theories

In Today’s CBT Newscast for Tuesday April 18, 2017:

Mark Fields: Subprime market “not a bubble” right now
In this interview from CNBC at the recent New York Auto Show, Ford Motor CEO Mark Fields talks about the automaker’s growth strategy, driving investor enthusiasm, a ‘plateauing’ auto market and the subprime market. Watch Now

 

Cox’s Senior Analyst on challenges facing car dealers in Q2
CBT’s Joe Gumm sat down with Michelle Krebs, Director of Automotive Relations and Senior Analyst the recent J.D.Power Forum in New York to chat about her perspective of presented auto trends. Even with a historical high plateau in the industry, Michelle reassures that “the sky is not falling”, economic fundamentals are “still pretty good but there are a lot of challenges for car dealers and auto makers.” During their discussion, Michelle shares her insights on the used car market and where to focus, opportunities in leasing and customer satisfaction. Watch Now

 

New-Car Dealership Employment Sets Record in 2016
Employment, wages and payroll at U.S. new-car dealerships all continued to rise in 2016, according to a new report released by the National Automobile Dealers Association.
In 2016, new-car dealerships directly employed a record 1,131,900 workers, a 2.4% increase from the previous year, according to NADA Data 2016, the annual financial profile of new-car dealerships. Read Now

 

4 Core Leadership Theories And How To Apply At Work
If you are currently at the position of leading a team, you should give some credits to yourself, as you play an important role. And in order to nail this role, you may want to study some theories about leadership, and lead your teammates to perform at their best.

 

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CBT News
CBT Automotive Network is a multimedia broadcast platform serving automotive professionals. With interviews featuring the biggest names in the industry, daily newscasts following top stories, up-to-date market data, and exclusive articles covering the latest industry trends, CBT is the leading voice of the retail automotive industry.

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