TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%
TSLA352.820-7.77%
GM73.4300.89%
F11.6100.01%
RIVN15.290-0.11%
CYD39.7800.37%
HMC23.840-0.31%
TM204.420-2.59%
CVNA316.6402.73%
PAG148.710-0.63%
LAD257.5705.75%
AN196.820-0.86001%
GPI327.000-2.45%
ABG195.4000.64%
SAH63.310-1.56%


CBT News

GM

Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in Florida, and Lithia acquisition

- June 16, 2023
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful Ron DeSantis signed a state bill...
To further support affordability, median income experienced a growth of 0.3% during May. Manufacturers also offered increased incentives to entice buyers.

New vehicle affordability improved in May despite higher prices and interest rates

- June 15, 2023
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive trend was primarily driven by solid...
According to the U.S. Commerce Department, sales rose 0.3% rise from April to May, driven by stronger retail sales at auto and parts dealers.

Retail sales rose 0.3% in May, beating analyst expectations

- June 15, 2023
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May. According to the latest U.S. Commerce Department report released...
First-party data collected directly from your customers  will be king in a post-cookie world. This includes data from sources like website analytics.

Leveraging customer data platforms ahead of Google’s 2024 cookie depreciation

- June 15, 2023
Today, a majority of auto dealerships find themselves at a crossroads as 2024 looms. In 1992, Netscape invented the cookie, which sparked the profitable revolution of online advertising. So, Google's...
If you don't innovate, you’ll almost certainly be left behind. Many of the mighty have fallen and not lived to tell the tale.

To innovate or procrastinate — That is the question

- June 15, 2023
It may sound like heresy, but Henry Ford was a procrastinator. “I need a faster horse.” That was the consumer mantra when the early automobile market was still elite. People didn’t...
When OEM policies negatively affect business, dealers and associations have several options to get the attention of OEMs and seek recourse.

Self-advocacy: How dealers can handle hot-button OEM issues

- June 13, 2023
The relationship between dealers and OEMs in our industry is crucial for mutual success. However, as we all know, conflicts frequently arise as OEM policies can negatively impact dealers' businesses....
he CAR Group's report on the FTC's proposed rule changes (CFR Part 463) reveals several significant findings that shed light on the potential impact of these regulations on the automotive industry.

New report shows FTC rule changes will cost consumers time and dealers money

- June 12, 2023
The automotive industry is no stranger to change, and as it evolves, regulations will play an important role in protecting consumer rights and ensuring fairness. The Center for Automotive Research...
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

AI has arrived and it will change the automotive industry forever

- June 9, 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...
Let's take a look at some actionable steps you can take to prioritize diversity and inclusion and help your best players stick around.

Driving diversity: Embracing inclusion for automotive retail success [Part 2]

- June 9, 2023
The world around us is changing, and customers, as well as employees, are expecting companies to reflect these demographic shifts. In the last article in this two-part series, we addressed...
As the digital landscape evolves and regulations tighten around third-party data, car dealers are embracing unconventional advertising strategies. 

Non-traditional Advertising: Thinking outside the box for dealership success

- June 8, 2023
Retail automotive has witnessed a paradigm shift in the advertising strategies employed by car dealerships. In the past, conventional methods like print, broadcast, and online advertising were sufficient to attract...


CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.