During the fourth quarter of 2020, the average down payment for new vehicle buyers increased notably from $4,329 a year ago to $4,734. Over that same time frame, total purchase price...
If you have $100 in bills in your wallet, does that money have buying power greater than the hundred dollars in your neighbor’s wallet?
The benefit you might possess over the...
Today on CBT News, we're pleased to welcome the new Chief Revenue Officer of LotLinx, Bill Reidy, to the show. In this segment, Reidy discusses his background in automotive, his...
As business leaders, dealers are constantly looking for ways to build strong cultures of high performance, trust, and belonging. Mike Robbins, speaker, coach, and former professional baseball player, addresses these...
When football coach Tom Allen was hired as the Indiana University defensive coordinator in 2016, he inherited a mess. The defensive squad was ranked No. 120 in the nation in total defense...
The technology and tools that dealers were forced to quickly adopt in the spring due to the COVID-19 pandemic are largely responsible for an uptick in customer satisfaction during the...
As well all know, the COVID-19 pandemic has changed the way businesses, including car dealerships, operate on a national level. Many of the automotive retail professionals that we have spoken...
COVID-19's appearance near the start of 2020 had a significant impact on the entire globe. It forced many markets to adapt and overcome staggering challenges. Across the automotive industry, many...
The automotive industry looks different today than it did a few months ago, but then again, so does everything. Just like the shuttered schools and companies shifting to remote work,...
An early-morning meeting for PSA Group shareholders on Monday has resulted in an overwhelming majority vote to merge with Fiat Chrysler Automobiles. With 99.85% support, the shareholders approved the move to combine...