Are fixed operations financing options necessary?
According to AAA, the average vehicle service invoice cost is now between $500 and $600 in the US. That pricing has been exacerbated by the pandemic where, despite historically low interest rates...
TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
TSLA298.320-9.12%
GM89.400-0.9%
F15.2800.32%
RIVN16.330-0.36%
CYD45.120-1.31%
HMC30.6800.4%
TM192.8406.54%
CVNA66.3300.26%
PAG223.4403.43%
LAD427.48069.17%
AN229.9809.65%
GPI357.9707.32%
ABG248.2607.27%
SAH112.6607.97%
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Lithia acquires two stores from Fields Auto Group
Lithia Motors has acquired two stores in Florida, expanding its presence in the Southeast Region. The growing retailer announced the transaction in a press release, saying it had reached a...
CBT automotive newscast: February 10, 2021
Today’s Featured Interview:
Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan
Automotive M&A deals have been very active over the last 12 months as major retailers expand...
CDK Global’s Kathy Gilbert discusses advocating for minority dealers and helping them achieve their goals
As dealers prepare for the 2021 NADA virtual show, we're joined by Kathy Gilbert, Senior Director of Minority Dealers & Women Retail at CDK Global. CDK Global has been serving the...
A pandemic silver lining: the return of telephone
In a year where the pandemic brought the economy to its knees, dealers were forced into survival mode. Many dealers implemented strategies to stay afloat as the unimagined crisis struck,...
Are your dealership software platforms properly integrated? – Joe Tautges & John Akalaonu, CDK Global
On today’s show, we’re pleased to welcome Joe Tautges, Executive Vice President, Chief Operating Officer for CDK Global, and John Akalaonu, Senior Vice President, Customer Delivery, for CDK Global. CDK...
4 modern dealership challenges and how to successfully pivot
Dealership operations are becoming increasingly complex, and the global pandemic has only accelerated that further. The rapid changes in market conditions are driven by several factors:
Evolving buyer preferences. According...
CBT automotive newscast: February 8, 2021
Today’s Featured Interview:
Buy/sell expert Dave Cantin discusses the current state of industry consolidation and dealership valuations
Automotive M&A transactions have been extremely active even in the throes of a global pandemic. Lithia...
Best practices for engaging today’s car shopper: Automation (Part 2)
In Part 1, we addressed some objections to automation and how to overcome them. Once we overcome objections and fears that naturally come with automation considerations, we can move to implementation....
How to take the next step towards improving your dealership’s digital operations – Cheryl Miller, Dealertrack
As dealers continue to prepare for the 2021 NADA virtual show, CBT News anchor Jim Fitzpatrick sits down with Cheryl Miller, Vice President of Operations for Dealertrack F&I Solutions, to...
