CBT News 40 Under 40 honors recipients of the inaugural CBT News 40 Under 40 awards. In this exclusive interview, anchor Jim Fitzpatrick engages with Colin Liss, the General Manager...
On February 15, Ford CEO Jim Farley advised Wall Street to shift their focus away from Tesla's Full Self-Driving (FSD) systems and concentrate on Ford's thriving "Pro" fleet business.
Speaking at...
Lithia Motors (LAD) recently revealed a record-breaking revenue of over $31 billion for the year, with $7.7 billion achieved in the fourth quarter alone, representing an 11% growth from the...
Welcome to another edition of the Executive Profile on CBT News. Recently, anchor Jim Fitzpatrick traveled to Davie, Florida, to speak with Rita Case, president and CEO of the legendary...
Facing fluctuating supply chains, shifts in consumer preferences and normalizing trends, used car dealers have implemented new strategies to source inventory and keep sales high in the post-pandemic economy. Here...
In 2024, the world of dealership marketing is witnessing a significant shift. Traditional methods like email marketing are becoming less effective, paving the way for more direct and engaging strategies....
New vehicle prices remain higher than normal, averaging 7.2% above MSRP in January 2024, but price growth has started to cool in the face of improved supply levels and unstable...
On February 13, Chrysler unveiled the Halcyon Concept, a fully electric vehicle that embraces sustainability-driven exterior and interior design, full autonomy, personalized driving experiences, and futuristic technology. The concept vehicle...
Stellantis has confirmed it will adopt the North American Charging Standard (NACS), making it the last major automaker to adopt the Tesla-developed electric vehicle plug.
NACS connectors are used in Superchargers,...
If you google the average age of a car on the road in America today you will find it's an astounding 12.5 years and growing! I am in dealerships every...