TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%
TSLA367.160-8.07%
GM83.050-0.95%
F12.050-0.05%
RIVN12.950-0.42%
CYD26.570-1.22%
HMC33.4500.12%
TM188.600-0.11%
CVNA57.960-2.43%
PAG194.790-0.88%
LAD281.490-5.29%
AN153.190-2.13%
GPI228.370-3.22%
ABG161.970-2.57%
SAH60.050-1.01%


auto industry news

Used vehicle sales rose throughout February and heading into March thanks to higher tax return values and surging demand.

Used vehicle sales rocket forward thanks to tax season

- March 19, 2024
Used vehicle demand continued to surge through February and into March, pushing inventories down as dealers adapt to consumer behaviors. Dealers sold 1.49 million used vehicles over the course of February,...
Car buyers ranked ease of purchase higher in February than at any point over the last two years, reflecting a surge in demand in the market.

Car buyers rejoice as ease of purchase sets new record

- March 19, 2024
Car buyers said it was easier to purchase a vehicle in February than at any point over the last two years, reflecting a nationwide surge in both new and used...
customer experience

Want a better customer experience? Build a better work environment — Shep Hyken

- March 18, 2024
Dealers know how crucial it is to provide an exceptional customer experience. But in pursuing high standards of service, many find themselves forgetting an equally crucial component of the consumer...
A group of engineers at Cornell University has developed a new type of lithium battery that can be charged in under five minutes.

Cornell engineers develop a five-minute charging lithium battery

- March 14, 2024
A group of engineers at Cornell University has developed a new type of lithium battery that can be charged in under five minutes and maintains its performance over extended charging...
Discover why consumers are flocking to F&I products in today's uncertain market and how dealers can capitalize on this trend

Why the demand for F&I products is rising – Adam Marburger | Ascent Dealer Services

- March 12, 2024
In the current economic climate, where interest rates are high, and vehicle prices are soaring, more and more consumers are opting for F&I products for added protection. Adam Marburger, F&I...
Discover how DCD Automotive Holdings' acquisition of a pre-owned superstore reflects growth in the resilient used car market.

Why this dealership group is expanding its used car operations – Shawn Hanlon

- March 12, 2024
At a time when large retailers are closing many pre-owned locations, family-owned and operated DCD Automotive Holdings announced that they have purchased a pre-owned superstore. On today's episode of CBT...
Discover insights from Tiffany Bova on tackling redundant processes hindering business growth and streamline operations for success.

Tiffani Bova explains how to overcome redundant processes for dealership growth

- March 8, 2024
Too many redundant processes in a dealership can hinder the store's overall growth. On the latest episode of CBT Now, Tiffani Bova, a Growth Strategist, Keynote Speaker, Wall Street Journal...
Discover how dealerships are adapting to the current sales environment with comprehensive training and leadership support.

The vital role of sales and BDC training in today’s automotive market – Sean V. Bradley | Dealer Synergy

- March 8, 2024
As the dust settles post-NADA Show, dealerships are buzzing with revitalized passion for the road ahead. However, the emphasis on effective training should not be underestimated. Joining us on the...
Scott Gunnell joins Driving Solutions to discuss the main headwinds in the dealership F&I sector and the solutions necessary to succeed.

Innovating for short and long-term F&I headwinds — Scott Gunnell | JM&A Group

- February 19, 2024
F&I (finance and insurance) continues to be one of the most important departments in the dealership, driving both revenue and customer satisfaction. But just as the rest of the car...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Cruise VP of robotaxi hardware development abruptly resigns

- February 16, 2024
Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of leadership withdrawals at the embattled self-driving...


CBT News
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