Tag: automotive
CBT Automotive Newscast: August 3, 2020
Today's Featured Interview:
CBT News Market Update: Doug Eroh, Longo Toyota & Jason Knight, LotLinx
As COVID-19 continues to dictate the market, dealers are keeping a...
The Benefits of Outsourcing Your Dealership’s BDC – Mark Sokal
March and April were shaky months for many dealers nationwide, and their vendor partners also felt the sting of less than stellar sales as...
David Lewis on How Sales Training Has Adapted to a Virtual...
In light of recent events, many dealerships are making the jump to virtual retailing and with that, comes a new set of challenges. Bringing...
J.D. Power’s Tyson Jominy Reviews Auto Retail Sales and Trends for...
According to data from J.D. Power, the retail automotive industry is looking at a 14.3 million SAAR for July, which is about 2.5 million...
Keep Them Coming Back: 5 Ways to Build Customer Loyalty
Customer loyalty is the foundation for any successful sales and marketing strategy at your dealership. The Pareto Principle, a widely cited stat, confirms this...
CBT Automotive Newscast: July 31, 2020
Today's Featured Interview:
NADA's Peter Welch Addresses the Lack of Black Representation in Auto Retail
Since the killing of George Floyd in Minneapolis on May 25th,...
NADA’s Peter Welch Addresses the Lack of Black Representation in Auto...
Since the killing of George Floyd in Minneapolis on May 25th, injustices against the black community have been brought back into the spotlight. The...
CBT Automotive Newscast: July 30, 2020
Today's Featured Interview:
Dealers Focus on Efficiency as COVID-19 Exposes Areas for Improvement
COVID-19 has created a new standard of efficiency required for dealerships. Dealers have...
Dealers Focus on Efficiency as COVID-19 Exposes Areas for Improvement
COVID-19 has created a new standard of efficiency required for dealerships. Dealers have had to adjust their staffing strategies, increase their focus on digital...
Sonic Automotive Reports 2nd Quarter 2020 EPS Growth
CHARLOTTE, N.C.-- Sonic Automotive, Inc. (NYSE:SAH), one of the nation’s largest automotive retailers, today reported financial results for the second quarter ended June 30,...
