TSLA351.4402.49%
GM86.460-0.52%
F13.925-0.005%
RIVN16.7800.1796%
CYD39.2550.505%
HMC31.825-0.765%
TM192.420-1.39%
CVNA75.1352.805%
PAG217.665-0.405%
LAD369.7651.215%
AN194.470-0.66%
GPI259.5800.2%
ABG210.750-0.11%
SAH75.5400.22%
TSLA351.4402.49%
GM86.460-0.52%
F13.925-0.005%
RIVN16.7800.1796%
CYD39.2550.505%
HMC31.825-0.765%
TM192.420-1.39%
CVNA75.1352.805%
PAG217.665-0.405%
LAD369.7651.215%
AN194.470-0.66%
GPI259.5800.2%
ABG210.750-0.11%
SAH75.5400.22%
TSLA351.4402.49%
GM86.460-0.52%
F13.925-0.005%
RIVN16.7800.1796%
CYD39.2550.505%
HMC31.825-0.765%
TM192.420-1.39%
CVNA75.1352.805%
PAG217.665-0.405%
LAD369.7651.215%
AN194.470-0.66%
GPI259.5800.2%
ABG210.750-0.11%
SAH75.5400.22%


dealership news

According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June.

New vehicle affordability sees slight decline in June despite rising incomes

- July 16, 2024
According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June. Dealers and manufacturers were less aggressive with pricing due to widespread software disruptions,...
Join Adam Marburger as he shares strategies and insights to transform your F&I operations with the four pillars of F&I success.

Elevating F&I performance through consistent training and servant leadership – Adam Marburger

- July 16, 2024
Welcome to Training Camp with Adam Marburger, exclusively on CBT News. In an industry where margin compression is a constant challenge, consistent training and mentorship are vital to enhancing the...
The CDK Global shutdown underscored the need for robust emergency preparedness to help dealerships facing further unforeseen disasters.

From Cyberattacks to Natural Disasters: A Guide for Car Dealer Preparedness

- July 16, 2024
Nearly half of all new car dealerships in the U.S. have just endured the CDK Global shutdown, highlighting the critical need for robust emergency preparedness. Beyond cyberattacks, dealerships face the...
Ford Pro is expanding its Ford Pro Insure to Maryland and Minnesota, to enhance fleet productivity for small and medium businesses.

Ford Pro expands commercial auto insurance to Maryland and Minnesota

- July 15, 2024
Ford Pro is expanding its commercial auto insurance offering, Ford Pro Insure, to Maryland and Minnesota. Underwritten by Ford Credit's insurance subsidiary and powered by Pie Insurance, Ford Pro Insure...
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales, encompassing both Hyundai and Genesis brands.

Hyundai global sales decline over 6% in June as EV sales drop by double digits

- July 15, 2024
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month closed with 351,516 sales, leading to...
The recent CDK Global outage has sent shockwaves through the automotive industry, Jonathan Jordan shares his insights on dealers' resilience.

Navigating the aftermath: CDK Global’s outage and its impact on dealers – Jonathan Jordan | JM&A Group

- July 15, 2024
The recent CDK Global outage has sent shockwaves through the automotive industry, forcing dealerships to adapt quickly and find innovative ways to continue operations. As the sector grapples with this...
As we delve into the consequences of CDK Global's blackout, Kevin Tynan shares his insights on the latest episode of CBT Now.

CDK Global’s blackout: Analyzing the ripple effects on the automotive industry – Kevin Tynan

- July 15, 2024
In the aftermath of CDK Global's unexpected shutdown, dealerships nationwide are bracing for a prolonged period of disruption. As we delve into the consequences of this blackout, Kevin Tynan, Senior...
The agency model, if adopted, this model will significantly depart from the traditional dealership model we’ve known for decades. 

The future of the agency model in automotive sales: Planning for what’s ahead

- July 15, 2024
Henry Ford introduced the franchise dealer model in 1914, and it’s been a stable and secure part of our industry. However, recently, a buzzword gaining traction is “the agency model.” If adopted, this model...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks.

CDK Global CEO promises financial compensation after cyberattacks

- July 12, 2024
In a letter sent to over 15,000 dealerships yesterday, CEO Brian MacDonald acknowledged the challenges posed by CDK's cyberattacks and assured dealerships of forthcoming financial relief. The letter did not...


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