TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%
TSLA360.590-20.67001%
GM72.540-2.5%
F11.590-0.09%
RIVN15.4000.46%
CYD39.410-0.08%
HMC24.150-0.16%
TM207.010-2.66%
CVNA313.5481.45799%
PAG149.3400.18%
LAD251.8201%
AN197.680-0.29%
GPI329.450-1.34%
ABG194.7600.73%
SAH64.870-0.38%


CBT News

Get ready to explore the dynamics of key industry players as they forge strategic partnerships and accelerate the growth and success of their dealerships.

Lithia sells 3 dealerships, Young Auto Group expands into Montana

- July 18, 2023
The summer heat has ignited a wave of merger and acquisition (M&A) activity in the automotive industry. As the temperature rises, so does the excitement surrounding notable deals that unfolded...
Lotlinx hires, promotes four with more than 85 combined years of industry experience to grow dealer partnerships and automate inventory management.

Lotlinx expands executive team to help dealers take control of inventory with data-driven solutions

- July 18, 2023
Peterborough, N.H. (July 17, 2023) – Lotlinx, the auto industry’s leading VIN-specific data solution for inventory management, expanded its executive team to better help dealers leverage real-time data at a...
One thing’s for sure: open lines of communication are key. Dealerships and OEMs must work together to maximize the benefits of subscription services.

The changing tide: auto subscription services and the impact on dealerships

- July 17, 2023
Picture this: you’ve just moved into your dream home, complete with a state-of-the-art kitchen. But you’re stunned to learn there’s an extra monthly fee to use the stove. It’s installed...
The best salespeople develop rapport with the customer and help the customer understand the vehicle's value without talking about price.

How to win over a customer who is fixated on price

- July 17, 2023
It's no secret that prices are certainly a focus of customers who come into your dealership. Amongst many other parts of car shopping that make customers happy about their experience,...
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

Why Tesla’s grip on EV fast charging could be a major headache for dealers

- July 14, 2023
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and mobility news items into context, in...
Hyundai has overtaken General Motors in EV sales, however, Tesla remains the dominant force in the EV market.

Weekly roundup: Price cuts aid EV sales, Carvana’s best-selling used EVs, Hyundai Ioniq 5 N debuts

- July 14, 2023
Earlier this week: Hyundai has overtaken General Motors in EV sales, however, Tesla remains the dominant force in the EV market. Tesla's Model 3 tops Carvana's list of the ten...
Ready to learn more? Here are 5 complexities that dealers like you run into when beginning or scaling up their out-of-state sales.

Remove risk from out-of-state sales and make money faster

- July 13, 2023
Out-of-state auto sales give dealerships a great revenue stream – but if you don’t manage them correctly, they can also make you pace up and down the halls like an...
If Toyota wants to venture into EVs, why not build an EV that embodies its own simplicity and authentic engineering philosophies?

Opinion | Toyota’s fake vroom: gimmick or game-changer?

- July 10, 2023
Well, there was quite the buzz when Toyota announced they were considering simulating manual gearboxes and motor noises in their upcoming EVs. Did anyone ask for this? Reactions varied from incredulous “Are...

Tell, don’t sell: The old way of doing business is the wrong way, but it’s still practiced today

- July 10, 2023
Robert “Bob” DiGiacomo has been immersed in the retail side of the automotive industry for nearly 30 years. He has enjoyed a very successful career optimizing several finance departments in...
Earlier this week in auto news: Toyota announced it devised a new, cost-effective method to produce solid-state EV batteries.

Weekly roundup: Tesla’s record-breaking quarter, Toyota’s new solid state EV batteries

- July 7, 2023
Earlier this week: Tesla reported that it sold a total of 466,140 units between April and June while manufacturing 479,700 electric vehicles. Toyota announced it devised a new, cost-effective method...


CBT News
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