EV Auto CEO Alex Lawrence reveals secrets to thriving in the used EV market
In a landscape where many car dealers are just beginning to navigate the EV market, Alex Lawrence, CEO of EV Auto, stands out as a pioneer in selling used EVs....
TSLA383.990-7.07%
GM77.015-0.705%
F14.3850.195%
RIVN17.1150.0251%
CYD44.420-0.295%
HMC28.245-0.525%
TM177.960-1.8%
CVNA70.260-0.4%
PAG202.135-2.605%
LAD334.860-4.3%
AN206.485-2.515%
GPI325.770-5.85%
ABG221.620-5.04%
SAH99.930-2.79%
TSLA383.990-7.07%
GM77.015-0.705%
F14.3850.195%
RIVN17.1150.0251%
CYD44.420-0.295%
HMC28.245-0.525%
TM177.960-1.8%
CVNA70.260-0.4%
PAG202.135-2.605%
LAD334.860-4.3%
AN206.485-2.515%
GPI325.770-5.85%
ABG221.620-5.04%
SAH99.930-2.79%
TSLA383.990-7.07%
GM77.015-0.705%
F14.3850.195%
RIVN17.1150.0251%
CYD44.420-0.295%
HMC28.245-0.525%
TM177.960-1.8%
CVNA70.260-0.4%
PAG202.135-2.605%
LAD334.860-4.3%
AN206.485-2.515%
GPI325.770-5.85%
ABG221.620-5.04%
SAH99.930-2.79%
automotive industry
Practical ways to boost sales
In 2024, franchised new car dealerships face many challenges to their operations. The automotive sales landscape is more competitive than ever, from economic uncertainties to shifting consumer behaviors to rapid...
Nissan cuts U.S. salaried workforce amid market struggles
Nissan is set to reduce its U.S. salaried workforce through a voluntary severance program as the automaker faces declining fortunes in its second-largest market. The program targets white-collar employees, with...
Adam Marburger’s ‘Black Belt Road to Sale’ for F&I success
Welcome back to CBT News' Training Camp, where today we have the esteemed Adam Marburger, a seasoned F&I professional, sharing his insights on the crucial but often overlooked topic of...
Ford reintroduces $1,500 UAW discount for 2025 EV models
In a significant move to boost electric vehicle (EV) sales, Ford has reintroduced a $1,500 United Auto Workers (UAW) discount for its 2025 models, including the F-150 Lightning and Mustang...
Rivian to report Q2 earnings amid higher sales, cost cutting, and $5B Volkswagen investment
Rivian is set to report its second-quarter earnings on August 6, following a period of increased sales, cost-cutting measures, and a substantial $5 billion investment from Volkswagen as part of...
Lexus of Lehigh Valley achieves record-breaking sales despite industry challenges, says CEO Peter Cooper
Welcome to another episode of Inside Automotive with Jim Fitzpatrick. Today, we have the pleasure of speaking with Peter Cooper, President and CEO of Lexus of Lehigh Valley. As the...
From office supplies to automotive success: Katie Gattuso Duncan’s journey to leadership
Welcome to another episode of Women Driving the Industry, where we celebrate the inspiring stories of women making significant strides in the automotive sector. Today, we're thrilled to introduce Katie...
How dealers can maximize net profits amid inventory surpluses and declining sales
Halfway through 2024 we are being challenged with another uncommon year in the car business, where inventory levels are up along with interest rates and expenses, while customer interest in...
GM revamps employee performance ratings to reward top talent and pressure low performers
General Motors (GM) is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers to either improve or leave. This strategic move aims...
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