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Toyota

Toyota announces a $70 billion commitment to EVs

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This week, Toyota announced its plans to further its commitment to electric vehicles, stating it will be allocating $70 billion to the development of its electric lineup. The announcement is quite significant, as Toyota has been criticized for lagging behind in the transition to EVs and has also been accused of attempting to slow down […]
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Asbury Automotive

Asbury Automotive Group adds eight more storefronts in Stevinson acquisition

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The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the purchase of Stevinson Automotive, a group of eight dealerships in the Denver, Colorado area. The acquisition adds another $715 million in expected annual revenue for Asbury. Stevinson is a family-owned and […]
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Lexus

How this California car dealer handled pandemic-related challenges to open a...

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Last year, crews broke ground on Lexus of Temecula Valley in California. This fall, the car dealership is expected to open its doors on nearly five acres. The store will be part of the Temecula Valley Toyota ownership family, and on today’s show, we’re pleased to welcome Tom Rudnai, President of Temecula Valley Toyota.  The […]
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Peter Cooper

PA Dealer Pres. Peter Cooper on the takeaways from a better-than-expected...

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The first quarter of 2021 outperformed dealer expectations and market predictions. Today on CBT News, we’re pleased to welcome Peter Cooper, President and CEO of Lexus of Lehigh Valley, to discuss the first quarter for his Lexus store and his thoughts on the EV revolution.  Cooper begins the conversation by reflecting on the first quarter […]
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CPO

Determining when a CPO is the Right Choice for Your Customer...

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Recently, Autotrader announced the Best Non-Luxury and Luxury Certified Pre-Owned Programs for 2020. Since today’s car shoppers are focused on value and affordability, CPO...
Car Interiors

Autotrader Releases their List of 10 Best Car Interiors for 2019

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ATLANTA, 2019 – American drivers spend on average more than 290 hours behind the wheel each year, according to the AAA Foundation for Traffic Safety survey data[1]. With so much time spent in their vehicles, consumers deserve an interior that factors in style, comfort, design and the latest technology. Helping car buyers look beyond outward appearances to find […]
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Lexus

JM Lexus’ No Negotiation Policy Saves The Consumers What They Value...

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Jim Dunn, Vice President and General Manager of JM Lexus, joins Jim Fitzpatrick from the floor of the NADA Show to share his dealership's...
OEM Headlines

OEM: Automaker executive quits business to help make “moonshine”

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BMW, Mobileye in deal to collect map data for self-driving cars –  Israel’s Mobileye and German automaker BMW said on Tuesday they signed an agreement to install Mobileye’s data generation technology in BMW cars starting with 2018 models. The deal to crowdsource real-time data using vehicles equipped with Mobileye’s camera-based driver assist technology is critical […]
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customer wants

CBT News – July 26, 2016

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CBT News - July 26, 2016 On today's show 10 Things every customer wants Does your Marketing connect with your Target Audience? One Price No...

CBT News – August 27, 2015

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On today's show: Dan Jourdan, sales energizer and motivator, discusses how salespeople can set themselves apart immediately How one dealership's no-haggle pricing got the...