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NADA president Mike Stanton

NADA President Mike Stanton on building bridges between OEMs and dealers

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 The role dealers play in shaping the future of the car business is more essential than ever, but do manufacturers see it that way?...
AutoNation Q1 Mike Manley

AutoNation posts declining profits in Q1, will take ‘more cautionary approach’

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AutoNation published its quarterly earnings report on April 20, shedding new light on the difficulties facing the dealership group as looks to stay ahead...
Farid Ahmad, dealership valuations and M&A

The dealership M&A landscape is changing: Is now a good time...

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With economic headwinds and the return of competitive pricing at the dealership, many storeowners want to know if now is a good time to...
wholesale used vehicle prices

Wholesale used vehicle prices changing course in April

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After seeing unexpected increases in February and March, wholesale used vehicle prices have started to drop once more. Cox Automotive reports that the Manheim Used...
used car prices, Jonathan Banks

How far into 2023 will used car prices stay inflated? —...

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As used car prices remain well above industry norms, more and more dealers are asking how long the trend will last. On this episode...
ChatGPT Hireology

How ChatGPT is transforming the way dealers manage everyday tasks

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How ChatGPT is transforming the way dealers manage everyday tasks Most of us have become familiar with ChatGPT, the chatbot that has swept through the...
Polestar 4

Unconventional Polestar 4 will launch next year without a rear window

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Polestar has revealed the Polestar 4, the latest in its growing lineup of electric vehicles and the brand's first "SUV Coupé." The automaker unveiled the...
Q1 EV sales, Cox Auto report

EV sales reach new heights in Q1, market share now at...

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Electric vehicle sales accounted for 7.2% of all first-quarter car purchases, the segment's best U.S. performance to date. According to a Cox Automotive report, Q1...
Fed hikes, inflation

As Fed hikes interest rates, inflation climbs in March by 5%...

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According to a Labor Department report, inflation decreased in March as the effects of the Federal Reserve's interest rate rises became more apparent. The consumer...

Daily Newscast: Mark Fields, Subprime market “not a bubble” | Challenges...

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In Today's CBT Newscast for Tuesday April 18, 2017: Mark Fields: Subprime market "not a bubble" right now In this interview from CNBC at the recent New York...