Friday, November 27, 2020
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auto

Robust Q3 earnings and aggressive hiring for automakers signal industry resilience

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Q3 Earnings We’re in the middle of the Q3 earnings season, and the strong performance from automotive stocks continues to illustrate […]
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electric vehicles

Electric vehicles make big waves in this week’s automotive tech headlines

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. In this episode, Greenfield takes a look at Carvana’s performance, the latest news out of California, and dramatic events from the […]
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automotive

CBT automotive newscast: September 24, 2020

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Today’s Featured Interview: ‘Wolf of Wall Street’ Jordan Belfort tells auto dealers what to focus on in 2020 and beyond (Part 2) Welcome to part two...
Vroom

The challenge is on for franchised dealers as Vroom, Carvana stock...

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On Tuesday, Goldman Sachs upgraded online auto retailers Vroom Inc and Carvana Co from ‘Hold’ to ‘Buy’ status and raised the price targets for both companies. After a challenging past two quarters for the auto industry as a whole, analysts at Goldman Sachs expect that the online sales giants are poised to increase their market share in the coming […]
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CarvanaACCESS

CarvanaACCESS: Carvana Yet Again Aiming to Revolutionize Car Sales

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It is no surprise that Carvana has been working to revolutionize auto sales since its foundation in 2013, from its vending machine car sales to its next-day delivery car sales. It has quickly expanded to become one of the auto industry’s top nationwide online retailers and does not have plans to slow down any time […]
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COVID-19

Will COVID-19 Change Auto Retailing for Good? – Doug Stephens, Retail...

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  As part of our ongoing Coronavirus coverage, we’re pleased to welcome Doug Stephens, Founder and President of Retail Prophet and author of “Reengineering Retail: The Future of Selling in a Post-Digital World“. In this segment, Doug and Jim discuss how the industry’s reaction to COVID-19 could help implement permanent, positive change in the future. […]
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tesla

How to Inspire Consumer Enthusiasm and Give Customers the Buying Experience...

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On this week’s episode of F&I Today, Becky Chernek of Chernek Consulting, discusses how industry disruptors like Tesla and Carvana are re-shaping customer expectations and building brand loyalty. VIDEO TRANSCRIPT:  Becky Chernek: Welcome to F&I today. I’m your host Becky Chernek and I’m so happy you’re able to join us today. We all know that […]
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peter welch

Best of 2019: NADA President Peter Welch Discusses Autonomous Vehicles, Ride-Sharing,...

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On today’s show, we’re so pleased to welcome back Peter Welch, President and CEO of NADA, to the CBT Network. In this segment, Jim and Peter discuss his latest article “Clicks, Bricks and Trust; Why The Dealership Matters To Every Generation,” as well as industry trends, disruptors, and uncertainty surrounding tariffs. [Previously recorded 11/26/19] VIDEO […]
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auction volume

Inventory and Auction Volume: The Latest from J.D. Power’s Larry Dixon

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On today’s edition of CBT News, we speak to Larry Dixon, Senior Director of valuation services at J.D. Power. Larry gives us an update on inventory and auction volume as we settle into Q4, and overall trend predictions of used cars for the next three to five years. VIDEO TRANSCRIPT:  Jim Fitzpatrick: Let’s kind of […]
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disruptors

What Dealers Can Learn From Auto Retail Disruptors Like Carvana and...

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Thank you so much for joining us on another edition of CBT News. Today, we’re pleased to welcome back Zach Klempf, founder and CEO of Selly Automotive, to discuss the latest trends and disruptors in the auto retail industry. VIDEO TRANSCRIPT:  Jim Fitzpatrick: I know that you know this young man right here sitting next […]
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