Thursday, September 23, 2021
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Janet Barnard

Cox Automotive’s Chief People Officer Janet Barnard talks about the...

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 After more than 32 years at Cox Enterprises, Janet Barnard is retiring in June. Barnard has held many roles with the organization, and she currently holds the title of Chief People Officer for Cox Automotive. Barnard joins the show to discuss her upcoming retirement, her career with Cox, and her perspective on pressing topics […]
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wholesale

Wholesale prices begin to normalize on usual inventory levels

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Dealers may start to notice the wholesale prices at auction slip back into more familiar territory. According to Manheim’s Used Vehicle Value Index mid-month report for September, wholesale used vehicle prices have decreased by 0.9% in the first two weeks of the month, signaling a turnaround in the pre-owned marketplace. The tiny decrease may seem […]
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auto news

CBT Automotive Newscast: August 24, 2020

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Today’s Featured Interview: CBT News Market Update: Shawn Vaughn, VBM Auto Group & Sean Peoples, LotLinx On this week’s episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.74, down 9.4% from 13.42 in 2019. The inventory of new vehicles sold took a 7.3% drop year over […]
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transportation

Manheim’s Joe Kichler Discusses Ramping Up Transportation Activity to Meet Wholesale...

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While there’s been a lot of focus on how the COVID-19 pandemic has impacted automotive retail sales and inventory management strategies, it has also...
auctions

Manheim’s Alan Lang Discusses The Benefits of Virtual Auctions

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  Like many other businesses, COVID-19 disrupted Manheim operations in a huge way. Moving to an all-simulcast, digital, environment presented many logistical challenges for customers and staff. As things in the industry began to improve, the wholesale giant brought back over 3,000 of its furloughed employees, and more positive signs are on the horizon according […]
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Manheim

Manheim Auctions Reopening Select Locations to In-Lane Bidding

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Manheim has released information on their website that in-lane bidding will be permitted to resume at select locations beginning on June 23rd. This marks the first time that their auctions will be open to in-person bidding since the closure forced by the COVID-19 pandemic in mid-March 2020. The announcement comes as most states are loosening […]
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Cox Automotive

Cox Automotive Trims 275 Jobs During Recovery

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Facing a steep decline in revenue since the COVID-19 pandemic struck the United States, Cox Automotive trimmed their workforce by approximately 275 positions on Thursday. Of the cuts, 60 percent had already been furloughed in May. Cox Automotive is just one of the many auto companies that have taken serious losses since March 2020. Their […]
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Manheim

How Manheim Express Continues to Provide a Premier Experience Within the...

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At NADA 2020 in sunny Las Vegas, host Jim Fitzpatrick was joined on the CBT Stage by Derek Hansen, Vice President of Digital Inventory...
newscast

Week In Review: What Dealers Can Learn From Auto Retail Disruptors...

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CBT News Week In Review for Friday, September 27th, 2019: What Dealers Can Learn From Auto Retail Disruptors Like Carvana and Amazon - Zach Klempf,...
Apprentice Program

How Manheim’s New Apprentice Program is Helping to Tackle the...

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The challenge for service managers isn’t just finding warm bodies, it’s finding qualified and skilled technicians who are willing to step into open positions. However, some auto industry players are taking a different approach, and training newcomers from start to finish. One of these unique initiatives is Manheim’s nationwide Apprentice Program. To find out more, […]
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