TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


car dealership news

According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February. 

Unsold used car inventory increases, driven by higher sales and lower prices

- February 19, 2024
According to vAuto Available Inventory data from Cox Automotive, unsold used car inventory closed higher in 2023 than it did in February.  At the beginning of February, there were 2.33 million...
Dennis Gingrich, the Niello Company, joins us to provide an update on the current state of F&I.

A closer look at the digital revolution happening in the F&I office – Dennis Gingrich | The Niello Company

- October 9, 2023
The era of cumbersome approval procedures and conventional paperwork is over. The F&I office of today operates in a time of digitization, personalization, and efficiency. On today's episode of Inside...
On today's CBT Now, Lenord Bellavia, Founding Partner of Bellavia Blatt, joins us to break down what this means for the industry.

How to avoid fraudulent warranty reimbursement – Attorney Len Bellavia

- August 21, 2023
For years, dealers have been challenged with receiving fair compensation for retail warranty reimbursement. However, nowadays, franchised dealers in all states are protected. On today's CBT Now, Lenord Bellavia, Founding...
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month.

Ford prepares white-collar workers to fulfill part orders as UAW strike looms

- August 18, 2023
Ford is gearing up for its white-collar salaried employees to walk off amid United Auto Workers, UAW, strike concerns next month, according to initial reporting from The Detroit Free Press. If...
GM is moving forward with a new strategy to simplify and lower cost of its operations by cutting and reallocating 200 engineering employees.

GM cuts engineering roles as a part of “winning with simplicity” strategy

- August 18, 2023
By cutting and reallocating around 200 engineering employees, General Motors is moving forward with a new strategy that promises to simplify and lower the cost of its operations. The corporation has...
On today’s Inside Automotive, we’re joined by the CEO of Ken Garff Automotive Group, Brett Hopkins, to tell us more about this acquisition and the state of his operations today.

How Ken Garff Auto Group is fusing its mainland culture with its Hawaii acquisitions — Brett Hopkins

- August 16, 2023
Automotive powerhouse Ken Garff Automotive Group, number nine of the top 150 dealership groups, recently expanded its portfolio on the islands of Hawaii. On this edition of Inside Automotive, we’re...
Escalade IQ

GM delivers on promise to build affordable EVs, starting with its 2025 Cadillac Escalade IQ

- August 14, 2023
General Motors hopes a new all-electric version of the Cadillac Escalade can spark the same success for a new generation of affluent purchasers, 25 years after the car introduced the...
Steve Fox is making a significant contribution to his commitment, donating $25 million to Texas Tech University to help staff a planned cancer treatment facility in El Paso.

Car dealer donates $25 million to establish cancer center at Texas Tech

- August 10, 2023
El Paso car salesman Steve Fox claimed he negotiated the deal of his life when he was diagnosed with severe tongue and throat cancer more than 20 years ago. Steve...

Mercedes-Benz dealerships owned by Bill Ussery sell for $150 million

- August 10, 2023
Bill Ussery Motors has sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 million.  The price of the actual estate is reflected in...
Manheim decine

Manheim caught a significant decline in wholesale pricing for used cars

- July 10, 2023
On a mix, mileage, and seasonally adjusted basis, wholesale used-vehicle prices dropped 4.2% from May to June. Manheim's Used Vehicle Value Index (MUVVI) fell to 215.1, a 10.3% decline from...


CBT News
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