Tuesday, October 19, 2021
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What does ‘Carbon Neutral’ mean for auto dealers?

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News releases and headlines often feature corporations mentioning their sustainability efforts and pledges to attain carbon neutrality within a certain time frame. As an example, in November 2019, Volvo Cars aimed to reduce their “lifecycle carbon footprint” by 40% per car by 2025, and their long-term goal is to become climate-neutral by 2040. Volvo Cars […]
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energy

General Motors five years ahead of schedule for 100% renewable...

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On Thursday, September 30, General Motors issued a press release to announce the carmaker plans to acquire 100% of its power from renewable energy sources by 2025. This announcement puts GM five years ahead of their own schedule that was originally set just five years ago. With the accelerated goal, General Motors can eliminate the […]
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EV

Mixed bag of EV announcements leaves future of auto industry...

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The past few days have been busy with news stories and announcements from within and about the auto industry. Although electrified models continue to be a hot topic, their news has been tempered by other government meetings and statements by carmakers that indicate the future may not be all about electric – at least, not […]
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Barra

General Motors mostly agrees to emissions standards

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On Wednesday, General Motors CEO Mary Barra penned a letter to Michael Regan, the chief of the Environmental Protection Agency, stating that the automaker would be supporting stricter emissions standards and would prefer to meet standards through a so-called “high-volume electric vehicle pathway.” Notably, however, she declined to fully put GM’s support behind Obama-era emissions […]
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California

California to set their own stringent climate limits on cars,...

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Just 19 months after the Trump administration revoked California’s ability to set emissions standards that are stricter than the rest of the nation, it’s slated to be undone. On Monday, the Environmental Protection Agency (EPA) announced they’ve moved that California be granted permission to apply more stringent emissions requirements on passenger cars and SUVs sold […]
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CBT automotive newscast: April 28, 2021

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Featured Interview: How consistent processes can increase revenue in the service department - Don Reed Dealers are beginning to see increased profits and revenues in their...
California

California plans to ban sales of new gas-powered vehicles by...

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On Wednesday, California’s Gov. Gavin Newsom announced a remarkable plan for the state to ban sales of all new vehicles powered by fossil fuels. An executive order puts a definitive timeline on phasing out gas-powered vehicles in 15 years.  Newsom emphasized the executive order’s importance by signing the document on the hood of a Ford Mustang Mach-E, […]
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Commission in BDC

Daily Newscast: Should BDC work on commission, Trump to lower...

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In today’s CBT Newscast for Tuesday March 21, 2017: Should BDC get paid on results? We know salespeople and sales managers get paid on results? Should it be the same for those who work in BDC? Jennifer Zorko, Business Development Director for Young Automotive Group thinks so. [Watch Now] Lead Capture vs. Engagement: What is […]
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Dealership IT Online Strategy

Daily Newscast: GM offers Unlimited-data hot spots, your dealership’s IT...

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  In today’s CBT Newscast for Friday March 17, 2017: Why vehicles with wifi are the future sales opportunity GM is now offering prepaid unlimited-data “hot spots”; CNBC’s Phil LeBeau reports on this. Watch Now 7 steps to take your dealership’s IT strategy to proactive from reactive What is your dealership’s information technology (IT) strategy? Does it […]
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Sonic Automotive

Daily Newscast: Sonic Automotive’s answer to online retailing, emissions regulations...

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In today’s CBT Newscast for Thursday March 16, 2017: Sonic Automotive’s Executive Vice President of Operations, Jeff Dyke sits down with Joe Gumm to discuss the company’s answer to online retailing. He believes the automotive group has it all figured out. Tune into the full interview for an in-depth look on how Sonic Automotive is […]
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