TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%
TSLA374.010-4.92%
GM82.1302.61%
F14.4050.135%
RIVN17.180-0.58%
CYD46.1401.35%
HMC28.530-0.03%
TM179.940-0.4%
CVNA62.745-2.835%
PAG214.57019.38%
LAD339.9509.16%
AN205.9707.49%
GPI327.93016.31%
ABG223.3607.25%
SAH100.8803.35%


Automotive Industry Trends

market conditions Caldwell

Summer car prices: should dealers be optimistic? — Jessica Caldwell | Edmunds

- June 28, 2023
Despite the nation raising the debt ceiling, the automotive industry has continuously felt the consequences of rising interest rates, inflation, and supply chain issues. On today's CBT Now, we're joined...
Featured Daily Automotive News
In this article we discuss how to turn difficult car sales situations into opportunities for both the customer and the dealership.

Why ‘bad news’ doesn’t exist in car sales

- June 28, 2023
Car salespe­ople tackle various challenge­s every day, ranging from customer he­sitancy to financial hurdles. Although these type­s of tough conversations are a common aspect of the­ job, it's worth wondering...
Articles Sales & Marketing
BEV sales

Boosting BEV sales: the power of app training for dealerships

- June 27, 2023
The automotive industry is in the throes of a significant shift towards battery-electric vehicles (BEVs), with mobile applications playing an increasingly instrumental role in the driving experience. However, dealerships must...
Articles Daily Automotive News
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June.

June new vehicle sales and inventory improve while profit margins shrink

- June 26, 2023
J.D. Power and GlobalData forecast a monthly new vehicle sales total of over 1.38 million units this June, placing the automotive industry well ahead of its position during the same period last year. According...
Articles Headlines
Glenn Pasch joins Inside Automotive to discuss new digital marketing and customer data collection tools for dealers.

Emerging trends in digital marketing and data collection for dealers — Glenn Pasch | PCG Digital

- June 26, 2023
Customer data and digital marketing are crucial tools for running a profitable dealership. On this episode of Inside Automotive, host Jim Fitzpatrick is joined by Glenn Pasch, the CEO of PCG...
Featured Sales & Marketing
Matt Wahnon joins Inside Automotive to discuss changing customer service trends in the post-pandemic car business landscape.

Different shoppers mean different customer service practices — Matt Wahnon | Ocean Cadillac

- June 26, 2023
Today's car buyers are increasingly diverse and complex, which means dealers must constantly refine their customer service practices. On this episode of Inside Automotive, host Jim Fitzpatrick heads to Ocean...
Featured Sales & Marketing
The decision to install EV chargers at dealerships isn’t about bowing to political pressure or simply jumping onto the green bandwagon.

Opinion | Why EV chargers at dealerships are more than just virtue signaling

- June 26, 2023
Before we delve into this discussion, let’s clarify something: I’m no fan of electric vehicles (EVs). Yes, you heard it right. Given their destructive environmental impact during production and the...
Daily Automotive News Articles
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year.

Forward-thinking dealers see greater fixed operations profit, efficiency

- June 23, 2023
Forward-thinking car dealers have seen fixed operations department profits and efficiency significantly improve over the last year, according to new research by Cox Automotive. As the automotive industry looks to recover...
Articles Headlines
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores.

Sonic Automotive closes eight EchoPark locations to shift used-vehicle supply

- June 23, 2023
Sonic Automotive, one of the largest dealership groups in the U.S., is closing eight EchoPark used-vehicle stores in response to supply and demand pressures, as revealed in a press release...
Articles Headlines
New vehicle quality drops again in 2023 as brands push new technology.

New vehicle quality drops again in 2023 as brands push new technology

- June 23, 2023
New vehicle quality decreased in J.D. Power's annual Initial Quality Study under industry-wide shifts to new features and emerging technologies. J.D. Power researchers calculated vehicle quality trends by counting problems per...
Articles Headlines

Latest Articles

Senate panel advances bill to ban Chinese vehicle tech
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Hybrid sales surge as new EV registrations fall in California
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CBT News
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