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recon

Carvana & CarMax’s ramped-up reconditioning operations make efficient & lean recon...

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Nearly every dealer in the country is feeling the pinch on new and used vehicle inventories, with sellable inventory levels down as much as...
Glaser

NCADA Pres. Robert Glaser discusses Carvana’s 180-day dealer license suspension

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The North Carolina DMV has banned Carvana from selling vehicles in Wake County, where their Raleigh dealership is located. for 180 days. So what...
Benstock

How car dealers can best position themselves to compete with retailers...

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Online vehicle retailer Carvana continues to grow at a rapid pace and doubled its first-quarter revenue in 2021. While some dealers have underestimated the...
Carvana's

Carvana betting on online car sales with $500 million investment

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The second-largest online auto retailer Carvana highlighted plans to invest another half-billion dollars into its business model. The massive investment comes after a very...
Digital Retailing - Max Zanan

How digital retailing can help auto dealers compete with industry disruptors

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After the events of 2020, dealers understand that modern retailing will involve much more technology and digital offerings to compete with industry disruptors like...

The importance of integrating new retail methods into future dealership strategies...

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Today on CBT News, anchor Jim Fitzpatrick is joined by Doug Stephens, founder and CEO of The Retail Prophet. His company is one of...

How car dealers can serve customers in a modern retailing environment...

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With the acceleration of digital retailing, car shoppers have drastically changed how they interact with the dealership. Industry expert Ron Frey, principal of RL...
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...
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...
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...