Tag: dealers
How can floor plan financing work for used car dealers?
There are many factors that go into a used car dealership’s success or failure — customer service, management, and just plain ol’ luck — but one of the most overlooked is intelligent floor plan financing. Unfortunately, many dealers ignore the last factor, only realizing their mistake once their business is struggling — or worse, at […]
Third week of Chicago auto mechanics strike: CATA Pres. David Sloan...
IAM Mechanics Local 701 union members from the Chicago area are now in their third week of a strike after rejecting a proposal for...
How car dealers can best position themselves to compete with...
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 company’s influence, our next guest has not. On today’s show, we’re pleased to welcome Brian Benstock, Partner GM and Vice President of Paragon Honda and Paragon Acura, to discuss the modern […]
VADA Pres. Don Hall discusses outcome of latest Tesla battle and...
Today on CBT News, Don Hall, President and CEO of the Virginia Automobile Dealers Association (VADA), discusses recent headlines from EVs to F&I. Hall...
What the latest Manheim Used Vehicle Value Index reveals about the...
On today’s show, we’re pleased to welcome Jonathan Smoke, Chief Economist for Cox Automotive. He discusses the Manheim Used Vehicle Value Index and the...
How this car dealer remains focused and successful in the...
On the latest episode of Straight to the Point, host Frank J. Lopes is joined by Brian Kramer, General Manager of Germain Toyota of Naples. Lopes gets straight to the point by asking Kramer – lots of car dealers are currently breaking records, but should anyone be celebrating? Kramer says, they should be celebrating the wins because […]
How increased website engagement and high quality leads go hand in...
On today’s show, we’re pleased to welcome Jordan Morrison, Vice President of Business Development at Pureinfluencer, to give us his perspective on the car...
J.D. Power’s Chris Sutton and JM&A Group’s Elliot Schor talk...
J.D. Power and JM&A Group have come together to develop and increase F&I innovation, but it doesn’t end there. The companies will additionally offer F&I training and certification programs. On today’s show, we’re pleased to welcome Chris Sutton, Vice President of Automotive Retail at J.D. Power and we’re also joined by Elliot Schor, Vice President […]
How this PA car dealer is navigating private-party acquisitions and...
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews, hands-on dealership strategies, as well as vendor analysis. Today, host Jasen Rice, founder of Lotpop, is joined by Rob Ruth, President of Bob Ruth Ford. […]
Ford mulls over option to deliver unfinished vehicles to dealers
Thousands of Super Duty pickups have been sitting at the Kentucky Speedway for months as the carmaker awaits enough microprocessor chips to complete them, then deliver them to waiting dealerships. Customers are ready to take delivery of many as soon as they arrive on the lot. On Thursday, Ford announced they were considering the possibility […]
