John Davis joins Driving Solutions to discuss the 2024 dealership buy-sell market and share his advice for retailers exiting the business.

The 2024 buy-sell market: should dealers wait to sell? — John Davis | Haig Partners

CBT News Staff Writer - January 9, 2024

The dealership buy-sell market has undergone significant changes in a short period of time, as the retail automotive sector has grappled with unprecedented innovations and transformations. As the industry enters...

Featured Driving Solutions

The national average for an "eGallon" is less than half the current price of gas, implying that charging an EV remains more affordable.

EV charging costs average of $1.41 per eGallon, less than half the cost of gas

Jaelyn Campbell - January 8, 2024

In most areas of the U.S., charging an electric vehicle (EV) costs about $1 or $2 per gallon of gasoline [as of January 5]. The national average for an "eGallon"...

Headlines Daily Automotive News

Staying aware of the latest trends is crucial for automotive retailing professionals seeking to navigate challenges and seize opportunities.

6 key automotive retailing trends to watch closely in 2024

Kimberly Hurley - January 5, 2024

As the automotive industry continues to evolve, the year 2024 promises to be a pivotal one marked by dynamic shifts in automotive retailing. From advancements in technology to changing consumer...

Daily Automotive News Articles

GM offers $7,500 discount, Fisker unveils new dealer partnership, OEMs report impressive sales gains

Jaelyn Campbell - January 5, 2024

CBT Now How dealers can achieve a positive mindset every day – Merril Hoge | Former NFL Player On today's episode of CBT Now, we're discussing the power behind having a positive...

Daily Newscast

Car manufacturers report impressive sales gains for 2023, GM tops list

CBT News Staff Writer - January 4, 2024

Domestic and import car manufacturers jostled for market share throughout 2023 but made overwhelming progress in year-over-year sales as production, affordability, and demand normalized. General Motors recorded a sales increase of...

Headlines Sales & Marketing

At the heart of every dealership lies valuable information - big data. Embracing this wealth of knowledge unlocks a strategic advantage in today's competitive market.

Harnessing big data for dealerships: analysis, techniques and tools

Steve Mitchell - January 4, 2024

Data has become the driving force behind informed decision-making in retail and marketing. And this is especially so in the automotive industry. MarketWatch states, "The Global Big Data Analytics in...

Management & Leadership Articles

For the third consecutive year, Hyundai sold a record number of vehicles in the U.S. and expects the momentum to continue throughout 2024.

Hyundai, Kia aim to increase global sales by 2% in 2024

Jaelyn Campbell - January 3, 2024

For the third consecutive year, Hyundai sold a record number of vehicles in the U.S. in 2023 and expects the momentum to continue throughout 2024. On January 3, Hyundai and...

Headlines Articles

What better way to welcome the new year than by checking out the exciting breakthrough vehicles that are bringing the heat in 2024?

10 of the most exciting vehicles hitting the streets in 2024

David Goldberg - January 3, 2024

What better way to welcome the new year than by checking out what breakthrough vehicles are on the horizon in 2024? We’ve highlighted 10 of the most exciting examples. Of course,...

Daily Automotive News Articles

Tesla breaks Q4 record, Rivian deliveries slip, GM files lawsuit over tax bill

Jaelyn Campbell - January 3, 2024

Inside Automotive NADA Show video competition winner Brian Huth joins Chairman Bobby Sight to discuss the upcoming event On the latest episode of Inside Automotive, we’re joined by Bobby Sight, NADA Show...

Daily Newscast

VinFast has signed agreements with five dealers across the U.S., marking the launch of its third-party retailer network.

VinFast follows through on franchise plans, partners with five U.S. dealers

CBT News Staff Writer - January 2, 2024

Vietnam-based electric vehicle manufacturer VinFast has formally entered partnerships with several U.S. dealers, marking a break from the fledgling company's initial direct-sales model. After signaling an interest in building a U.S....

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The 2024 buy-sell market: should dealers wait to sell? — John Davis | Haig Partners

EV charging costs average of $1.41 per eGallon, less than half the cost of gas

6 key automotive retailing trends to watch closely in 2024

GM offers $7,500 discount, Fisker unveils new dealer partnership, OEMs report impressive sales gains

Car manufacturers report impressive sales gains for 2023, GM tops list

Harnessing big data for dealerships: analysis, techniques and tools

Hyundai, Kia aim to increase global sales by 2% in 2024

10 of the most exciting vehicles hitting the streets in 2024

Tesla breaks Q4 record, Rivian deliveries slip, GM files lawsuit over tax bill

VinFast follows through on franchise plans, partners with five U.S. dealers

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