TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


automotive industry insights

Dealers have grown more accustomed to digital retailing tools, with the number of stores offering a fully online experience rising to 40%.

Dealers warm up to digital retailing but obstacles persist

- November 24, 2023
The adoption of digital retailing tools among dealers has expanded in 2023, with the percentage of storefronts offering a fully online car-buying experience increasing from 30% to 40% in the...
Sheehy Auto Stores has raised more than $340,000 for the American Heart Association in 2023, continuing its 11-year partnership.

Sheehy Auto Stores raises $340,000+ for American Heart Association

- November 24, 2023
Virginia-based Sheehy Auto Stores has raised $341,476 in 2023 to support the American Heart Association (AHA), continuing its long-term commitment to fight heart disease and improve health. The dealership group began...
Tesla is implementing a "congestion fee" at select Supercharger locations in an effort to combat long wait times amidst rising demand.

Tesla to charge “congestion fee” at some Supercharger locations

- November 24, 2023
Tesla will charge certain drivers a "Supercharger Congestion Fee" at a limited number of charging sites across the U.S. in an effort to reduce wait times and improve the customer...

Dealerships embrace digital retailing, Tesla introduces Supercharger fees, Sheehy Auto raises $340K for heart health

- November 24, 2023
Inside Automotive  Used car market trends: why dealers are turning to multichannel acquisitions — Danny Zaslavsky The used car market has experienced more ups and downs than any other automotive segment in...
Fernando Varela joins Inside Automotive to discuss strategies for improving diversity in the retail automotive workforce.

Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group

- November 23, 2023
National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and contributions of the Hispanic community. Within retail automotive, Hispanic Americans make up 18% of...
Ford s reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated shift towards electric vehicles.

Ford scales back Michigan battery plant amid EV adoption struggles

- November 23, 2023
Detroit automaker, Ford, is reducing its plans for a $3.5 billion battery facility in Michigan due to the slower-than-anticipated change in consumer preference toward electric vehicles, rising labor costs, and...
The growing issue of food poverty that families nationwide encounter during the Thanksgiving holiday was addressed by TLMODA.

Salvation Army and Toyota Lexus Dealership Association address Thanksgiving food insecurity

- November 23, 2023
The growing issue of food poverty that families nationwide encounter during the Thanksgiving holiday was addressed by The Salvation Army and the Toyota Lexus Minority Owners Dealership Association (TLMODA), as...
Lucid has ventured into the lucrative and competitive SUV industry with its debut, the Gravity, built on the same platform as its Air sedan.

Lucid unveils its electric Gravity SUV, offering 440 miles of range

- November 23, 2023
The California-based startup Lucid has ventured into the lucrative and fiercely competitive SUV industry with its debut offering, the Gravity, built on the same platform as its Air sedan. Lucid claims...

Ford adjusts Michigan battery plant strategy, Lucid debuts electric SUV, Toyota Lexus teams up with Salvation Army

- November 23, 2023
Inside Automotive  Actionable steps to improve diversity within the dealership — Fernando Varela | Varela Group National Hispanic Heritage Month is a time to celebrate diversity and reflect on the culture and...
Establishing a connection with car buyers over the phone involves multiple elements, like active listening, empathy, cle­ar communication.

Building rapport with prospective car buyers over the phone

- November 22, 2023
Deve­loping strong rapport with potential car buyers over the phone is crucial for sales professionals in the automotive industry. It involves establishing a ge­nuine connection, comprehe­nding the buyer's require­ments, and...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.