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%


dealership news

Melinda Zabritski joins CBT Now Experian has released new data showing that the average loan amount for both new and used vehicles has decreased in the third quarter.

Data shows a decline in average auto loan amounts: What it means for dealers – Melinda Zabritski | Experian

- December 21, 2023
Experian has released new data showing that the average loan amount for both new and used vehicles decreased in the third quarter of 2023. In the latest episode of CBT...
Eric DeMont and Shaun Kniffin join Driving Solutions to discuss the power of data and collaboration in a rapidly evolving automotive market.

Why collaboration is key to leveraging dealership data — Shaun Kniffin & Eric DeMont

- December 21, 2023
Over the past few years, adaptation and collaboration have become essential elements for dealerships as data continues to play a bigger and bigger role in the automotive retail business. One...
By translating customer feedback into actionable knowledge, dealerships can upgrade customer satisfaction and gain a competitive edge.

How to make customer feedback part of your dealership’s growth strategy

- December 21, 2023
In today’s highly competitive market, dealerships are continuously searching for new and creative ways to gain a competitive advantage. One often underestimated resource that can provide invaluable insights is customer...
Tesla

Tesla allegedly ignored evidence of vehicle defects, blamed drivers for “chronic failures”

- December 20, 2023
Tesla has allegedly attributed part failures to poor driving habits, charged customers for repairs stemming from potential defects, and skirted regulatory intervention despite knowing the components were flawed, according to...
Robert Potamkin leaves behind his wife of 43 years, Lexie, alongside his brother, Alan Potamkin, five children, and two grandchildren.

Robert Potamkin, dealer legend and philanthropist, passes away

- December 20, 2023
Robert Potamkin, retail automotive legend and co-chair of the Potamkin Automotive Group, passed away on November 30 at the age of 77. He leaves behind his wife of 43 years, Lexie,...
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States.

Almost half of U.S. Buick dealers choose buyout program in light of EV push

- December 20, 2023
Through an ongoing voluntary buyout program, General Motors has nearly halved the size of its Buick dealership network in the United States. According to Duncan Aldred, global president of GM's Buick...
Toyota, announced that its Daihatsu division would stop shipping vehicles after an investigation into a safety scandal revealed problems.

Toyota’s Daihatsu unit halts vehicle shipments amid safety scandal

- December 20, 2023
The largest Japanese carmaker, Toyota, announced on Dec. 20, that its Daihatsu division would stop shipping any of its vehicles after an investigation into a safety scandal revealed problems with...
Glenn Pasch joins Inside Automotive to discuss the most important automotive marketing trends dealers should know before 2024.

The best (and worst) automotive marketing strategies for 2024 — Glenn Pasch | PCG Digital

- December 20, 2023
The car market is slowly falling back into its old habits, which means more competition, increased incentives, and bigger automotive marketing budgets. But when it comes to marketing, whether on...
Jamar Seymore, 40 Under 40 recipient and loyalty manager at Walser Subaru St. Paul, joins CBT News to discuss his professional journey.

40 Under 40 Honoree: Jamar Seymore | Walser Automotive Group

- December 20, 2023
Jamar Seymore is a Loyalty Manager for Walser Subaru St. Paul, a storefront owned by the Minnesota-based Walser Automotive Group, where he has been delivering excellent customer service for the...
Explore the essentials for boosting used car sales, including optimal inventory management, stellar customer service, and effective training.

9 key areas of focus that drive more used car sales

- December 20, 2023
For many franchised car dealers, the used car department significantly contributes to the bottom line. These sales are even more fundamental to independent automotive retailers. But there’s more to success...


CBT News
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