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Sonic Automotive

Sonic Automotive Pres. Jeff Dyke discusses $700M acquisition of RFJ Auto...

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Sonic Automotive, one of the nation’s largest retailers, recently announced the acquisition of RFJ Auto Partners. RFJ Auto consists of 33 franchised and used...

CBT automotive newscast: September 24, 2021

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Featured Interview: The aftermath of Hurricane Ida: NJ Car Pres. Jim Appleton talks recovery efforts It has been some time since Hurricane Ida bombarded the Gulfcoast...

CBT automotive newscast: September 23, 2021

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Featured Interview: PA dealer David Kelleher on Stellantis establishing its own finance arm Stellantis is expected to close a deal by year's end, creating its own...
retail automotive service departments performance pro forma compensation

11 key processes every service advisor should be trained to do

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According to recent data from NADA, 2020 produced the highest net profit per retail dealership in automotive history. With record gross profit per retail...

CBT automotive newscast: September 22, 2021

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Featured Interview: Cox Automotive's Brian Finkelmeyer on new vehicle inventory and what dealers should focus on As demand continues to climb alongside inventory concerns, could you...

CBT automotive newscast: September 21, 2021

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Featured Interview: WSJ best-selling author Alex Goldfayn explains the power and profitability of phone calls Are you still using the phone to generate sales in today’s...
recon

Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon...

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Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as...

CBT automotive newscast: September 20, 2021

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Featured Interview: David Kain shares key takeaways to help drive dealers in the right direction On today’s show, we are pleased to welcome David Kain, President...

CBT automotive newscast: September 17, 2021

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Featured Interview: Cox Automotive's Charlie Chesbrough reveals forecast for Q4 and how car dealers can prepare The shortage of new vehicle inventory has led to a...
AIADA

AIADA Pres. Cody Lusk on keeping the auto industry a level...

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More than half of all U.S. dealership jobs are created by international nameplate automobile dealers, according to the American International Automobile Dealers Association. The...