Login
Subscribe
spot_img

Today's Newscast

Featured Interviews

spot_img
Articles

Survey reveals about 600 experts doubt current EV targets

ABB Robotics, a manufacturer of industrial robots, recently commissioned a study that polled almost 600 global industry experts from the engineering, manufacturing, and management fields. The results showed that 59% of those polled thought that the transition to EV production would not be possible within the legislative-mandated time frame. Raw...

Nikola seeks to raise $100 million with stock offer, anonymous investor

Electric vehicle brand Nikola has announced plans to raise $100 million in cash as it looks to increase production of its battery-powered semis. Initially, the...

Ford announces new price hikes for three F-150 Lightning variants

On Thursday, Ford raised prices for several versions of its best-selling electric pickup, the F-150 Lightning. The price hikes affect the Standard Lariat, Platinum and...

Weekly Roundup: Rivian fumbles, Manchin makes a stand, used car market updates

Weekly Roundup Earlier this week: Rivian's stock dropped to its lowest, falling roughly 92% from the initial trading of $130 in 2021, used car prices...
spot_img

New Car Sales

New Car Sales

5 consumer behavior models that can influence the car buying process

Premium Content Chanell Turner - 0

Price control meets traction control

New Car Sales Lotlinx - 0
Demand is a slippery road. Sometimes the wheels spin, but the vehicle doesn’t move. So you lower the price to get some traction. But...

It’s getting easier to buy cars, here’s why — Dave Thomas | CDK Global

Inside Automotive Colin Velez - 0
According to ease of purchase research conducted by CDK Global, 85% of last month's car buyers felt the process was easy, the highest score...

The era of great sales and high pricing is over — Kevin Tynan | Bloomberg Intelligence

Premium Content Inside Automotive Jaelyn Campbell - 0
In many cases, it was another winning quarter for the OEMS. On today's episode of Inside Automotive, Kevin Tynan, senior automotive analyst for Bloomberg...

Management and Leadership

Management

6 mental health and wellness activities to promote positivity at the dealership

Premium Content Kimberly Hurley - 0

How to bridge the gap between sales management and leadership development

Premium Content Management CBT News - 0
Today, sales managers usually have two roles. First, they have to manage and administer the sales team. Second, they are also expected to demonstrate...

Leading employees through times of change — Scott Mautz

Premium Content Inside Automotive Colin Velez - 0
Initiating change can be challenging for everyone, but, as leaders, business owners can find it even more difficult to guide their employees throughout developments...

How to lead successfully during times of volatility, uncertainty, complexity, and ambiguity — Joseph Michelli

Premium content CBT Now Jaelyn Campbell - 0
As many of us have experienced the VUCA—volatility, uncertainty, complexity, and ambiguity—that business can bring, it's critical to understand how to lead in these...

Mergers and Acquisitions

Mergers and Acquisitions

Murgado Automotive Group acquires 6 dealerships, LaFontaine adds Chevy store

Premium Content Kimberly Hurley - 0

5 notable automotive M&A deals in the first months of 2023

Premium Content Mergers and Acquisitions Kimberly Hurley - 0
With dealership and OEM profits relatively high, increased consumer demand, and an uptick in retirees who are closing or selling their dealerships, M&A activity...

To buy or not to buy: M&A activity in today’s car market — Alan Haig

Premium Content Mergers and Acquisitions Colin Velez - 0
As the dust from the COVID pandemic settles on the automotive industry, M&A activity has become more energetic than ever. Dealers are now taking...

Jason Stein & George Karolis discuss the changing M&A landscape in 2023

Premium Content Interviews Colin Velez - 0
After navigating the car market's highs and lows throughout 2021 and 2022, dealers are increasingly curious what the future holds for the automotive industry....

Used Car Sales & Remarketing

Pre-Owned

4 simple tips to improve your dealership’s reconditioning process

Premium Content Brian Jones - 0

Every car has a story: How to jazz up your used inventory website listings

Premium Content Pre-Owned Steve Mitchell - 0
If you're thinking of a quick lunch, you may choose to "Live Más" and pick up Tacos and Nacho Fries from Taco Bell®. Let's...

Why Jim Ziegler is urging dealers to re-enter the used car market

Premium content Inside Automotive Jaelyn Campbell - 0
When we last met with Jim Ziegler, the 'Alpha Dawg,' a veteran of the automotive retail industry and president of Ziegler SuperSystems, he shared...

4 ways to start taking control of your used car inventory

Premium Content Pre-Owned Chanell Turner - 0
The state of used cars is ever-changing. A few weeks ago, articles like "The Pandemic Used-Car Boom Is Coming to an Abrupt End" published...

Dealer Interviews

Dealer Interview

How technology is changing auto dealership recruiting and retailing strategies

Premium Content Jaelyn Campbell - 0

LAcarGuy owner Mike Sullivan on the EV market: ‘EVs are an easy business for us here in California’

Premium Content Inside Automotive Jaelyn Campbell - 0
When we last met with LAcarGuy Mike Sullivan, his operations had expanded as a result of the launch of his thirteenth dealership, a Genesis...

Exclusive: Del Grande Dealer Group CEO Jeremy Beaver on EV sales, trade-ins, and staff compensation

Premium Content CBT Now Jaelyn Campbell - 0
Particularly in the last few years, dealerships have made enormous strides toward offering the experiences that customers demand, thereby advancing the industry. Jeremy Beaver,...

Meet dealer Beth Beans Gilbert: The 2023 Barbara Cox Woman of the Year

Inside Automotive Jaelyn Campbell - 0
Beth Beans Gilbert, Vice President of the Fred Beans Automotive Group, received the 2023 Barbara Cox Woman of the Year Award from Cox Automotive...

Marketing & Advertising

Marketing

6 ways your dealership can capitalize on word-of-mouth marketing

Premium Content Chanell Turner - 0

How car dealers are leveraging TikTok to drive sales [+8 tips for success]

Social Media Anna Delvillar - 0
As social media platforms continue to evolve and gain popularity, businesses are constantly looking for new ways to engage with customers and build their...

How to own local search in 2023: Key trends for auto marketers to know

Premium Content Marketing Chanell Turner - 0
According to SEO software company Moz, local inquiries accounted for almost half of Google's two trillion searches yearly. Local search is a significant part...

Marketing vs advertising to women car buyers and owners

Premium Content Marketing Jody DeVere - 0
Women are significant vehicle owners and drivers in North America, and their participation in the automotive market has been steadily increasing over the years....

Association News

Inside Automotive

Why Pennsylvania dealers are keeping an eye on OEMs and lawmakers — John Delvin | PAA

Premium Content Colin Velez - 0

New franchise laws in California could affect entire U.S. car market – Brian Maas

Premium Content Inside Automotive Colin Velez - 0
Franchise laws are set to be reformed in several states, including California, revising factory reimbursements for warranty work. Brian Maas is the President of...

New NAMAD President Hugene Fields shares his vision for the association moving forward

Premium Content Inside Automotive Jaelyn Campbell - 0
It has been a few months since Hugene Fields was chosen as the new President of the National Association of Minority Automobile Dealers (NAMAD). On...

How OEM EV programs impact the dealer franchise system — Zach Doran, OADA President

Premium Content Association News Jaelyn Campbell - 0
The OEM programs being provided to dealers are a hot topic that keeps raising eyebrows in the industry. While many people have chosen to...

Fixed Operations

Fixed-Ops

How conversational AI is transforming fixed ops communications

Devin Daly - 0

How recall work can reinforce your brand reputation and boost loyalty — Juan Flores & Mike Boyd

Fixed-Ops Jaelyn Campbell - 0
Recall and warranty work are areas of opportunity for dealerships, but ultimately it’s up to the dealer to incentivize consumers to bring their vehicles...

5 areas of service training that often get overlooked

Premium Content Fixed-Ops Brian Jones - 0
Within your service department, you have multiple positions working together to create the seamless experience your customers encounter. To ensure maximum satisfaction, every part...

Everything you need to know about the technician skills gap for EVs

Premium Content Fixed-Ops David Goldberg - 0
Unless you’ve hit the technician lottery, chances are your dealership is among the thousands of automotive businesses suffering through a shortage of qualified service...

OEM, Industry & Tech News

Inside Automotive

EV confusion: The relationship between education and profit — Aaron Bickart | OfferLogix

Colin Velez - 0

Why alternative EV charging infrastructure could help solve U.S. adoption concerns

Technology and Innovation Chanell Turner - 0
Even though electric vehicle (EV) adoption is growing, one issue remains a roadblock: the lack of enough EV chargers. According to a McKinsey report,...

Exclusive: What is the future of electric mobility in automotive? — Peter Leyden

Premium Content Technology and Innovation Anna Delvillar - 0
It's easy for business leaders and owners to get caught in the here-and-now instead of planning for the future, especially in light of the...

Opinion: How electric vehicles are changing the state of car culture

Premium Content Industry Trends David Goldberg - 0
Car culture is ingrained in American society. From the toy cars children play with at an early age to the automobiles made famous in...

Finance, Insurance & Leasing

F&I

6 strategies to build a better DEI program in your F&I department

Premium Content Kristine Cain - 0

More showing, less selling leads to a better F&I experience

Premium Content F&I Kristine Cain - 0
When it comes to the F&I experience, no car buyer wants to be given the fast-talking, hard sales pitch to get them to buy...

Your best F&I trainers may already be under your roof

Premium Content F&I Kristine Cain - 0
When it comes to training your newer F&I managers, who do you trust to do it? Senior managers? Your Director? Or do you use your...

Higher PVR starts with earlier online presence for F&I

Premium Content F&I Kristine Cain - 0
Dealerships who resisted the call in the past to start investing heavily into their online presence were finally forced to embrace this shift during...

Sales Strategy

Sales Strategy

Mobile video revolution: The new era of car sales

Premium Content Steve Mitchell - 0

5 powerful words to use when interacting with customers

Premium Content Sales Strategy Kimberly Hurley - 0
In the automotive industry, it's all about closing on a sale. Some people tend to convert every customer into a sale with decent grosses,...

Matt Easton shares key sales advice: ‘Stop selling and talk about the repercussions of not acting’

Premium Content Sales Strategy Jaelyn Campbell - 0
When it comes to prospective buyers, salespeople need to ask the right questions. According to Matt Easton, Sales Trainer, Consultant, and Founder of Easton...

MSRP price changes: Why they could be a ‘win-win’ for dealers and OEMs — Kevin Tynan, Bloomberg

Premium Content Inside Automotive Jaelyn Campbell - 0
Many industry analysts speculate that Tesla's recent price reductions on their vehicle lineup, signals the beginning of a price war with rival automakers. On...

Customer Experience

Customer Experience

Four strategies for creating lifetime customers at the dealership

Premium Content Steve Mitchell - 0

5 unique customer experience best practices to try this year

Premium Content Customer Experience Anna Delvillar - 0
Customer experience is the number one brand differentiator. It is the holistic perception of customers and their interactions with an organization and its products and services...

Loyalty programs: How to use them more effectively at your car dealership

Premium Content Customer Experience Steve Mitchell - 0
In selling products, dealerships have an incredible opportunity to acquire new customers and retain existing ones. But, according to Polk, the sad truth is...

How to grow your dealership’s online reviews and reputation

Premium Content Customer Experience Steve Mitchell - 0
It's no secret that online reviews are essential for businesses, which goes double for auto dealerships. With so much competition, it's crucial to have...

Network Shows

From Our Publishing Partners

Contact us: Info@CBTNews.com

FOLLOW US

© 2023 Created by CBT News