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transactions

Average new vehicle transaction price continues to hold above $40k

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The average transaction price for new vehicles in the United States continues to hold the line well above $40,000. Late in 2020, the transaction...

CBT automotive newscast: February 16, 2021

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Featured Interview: Former NFL player JJ Birden discusses how auto dealers can continue to beat the odds Inspiration is the name of the game when it...
Toyota

Toyota makes a robust update to profit forecast

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The world’s best-selling automakers has now updated their full-year profit expectations after realizing a net profit increase of 50% in the third quarter of...

CBT automotive newscast: February 9, 2021

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Today’s Featured Interview: CMA’s Liza Borches on gross profits, digital retailing, electrification, and best practices for 2021 Automotive dealers across the country saw gross profits rise...

CBT automotive newscast: February 5, 2021

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Today’s Featured Interview: NADA President & CEO Mike Stanton gears up for next week’s 2021 virtual NADA Show Due to safety concerns and government restrictions caused...

CBT automotive newscast: February 4, 2021

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Today’s Featured Interview: Bernie Moreno discusses his potential candidacy for Ohio’s 2022 Senate race The auto industry could start seeing a friendly face in Washington, D.C....
Ford

Ford announces Android platform in their vehicles starting in 2023

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Ford and Google announced a tech partnership that will see new vehicles equipped with the Google Android platform starting in 2023. In addition, Monday’s announcement says...

CBT automotive newscast: February 2, 2021

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Today’s Featured Interview: NCADA President Robert Glaser on digital transactions, industry consolidation, and EVs Major auto retailers like Lithia Motors and Sonic Automotive have continued to...

New emissions regulations could change new car sales in the next...

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Since entering the Oval Office, President Joe Biden has made it clear that addressing climate control will be a major priority during his administration....

CBT automotive newscast: January 28, 2021

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Today’s Featured Interview: How car dealers can serve customers in a modern retailing environment - Ron Frey With the acceleration of digital retailing, car shoppers have...