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Daily Newscast: Dealers Are Overestimating Trust from Customers | How to Combat U.S. Sales Plateau | Automaker banks on growth in EV market | 6 Ways to Keep Millennials From Quitting

In today’s CBT Newscast for Wednesday April 26, 2017:

Dealers Are Overestimating Trust from Customers
Joe caught up with Patrick McMullen, Sr. VP Strategy & Innovation at MAXDigital, at the J.D.Power Forum New York to find out more about a recent study conducted on the subject of trust and transparency in dealerships. MAXDigital surveyed 400 U.S. dealers during the 2017 NADA Convention to understand the following… Watch Now

6 Ways to Keep Your Millennial Employees From Quitting
When you hear the word Millennial, a lot of dumb stereotypes probably pop into your head. One of those stereotypes might be the idea that Millennials are “job hoppers.” Even though this is actually a myth, the reputation continues to stick. But guess what? Young people quit jobs, regardless of their generation. Read More

Automaker banks on growth in EV market
At the New York Auto Show, Jeff Conrad, Honda America senior vice president, speaks to CNBC’s Phil LeBeau about the demand for electric vehicles, the automaker’s new Clarity series and his outlook for the auto market. Watch Now

WardsAuto: How to Combat U.S. Sales Plateau
After years of rising demand and record-setting results, the U.S. sales momentum has come to a relative halt, as a recent in-depth article by WardsAuto notes. At the same time, dealership inventories and incentives have increasedO, hindering profit margins for dealers and OEMs. This transformation has dealers scrambling to answer the critical question of how to drive profitable growth as vehicle sales plateau… Read More

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