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Bruton Smith

Legendary businessman, philanthropist and NASCAR Hall of Famer Bruton Smith passes...

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CHARLOTTE, N.C. (June 22, 2022) – A visionary and transformative figure in both business and entertainment, Ollen Bruton Smith, the founder and executive chairman of Sonic Automotive (NYSE:SAH),...
Carvana

Updated: KAR Global sells ADESA auction business to Carvana in $2.2B...

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On Thursday, KAR Global agreed to terms of a deal that sees all ADESA auction operations and businesses in the US transfer to Carvana....
EV

As more Americans choose EVs, price and range continue to hold...

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ATLANTA, Nov. 16, 2021 – Sales of battery-powered electric vehicles (EVs) in the United States are on track to set an all-time record in 2021,...
Volkswagen

Sonic Automotive continues expansion of its franchised dealership network with the...

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CHARLOTTE, N.C. – November 9, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive...
CARS

CARS acquires CreditIQ Automotive Fintech Platform, enabling instant financing for consumers,...

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Transaction Highlights: Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying...

CBT automotive newscast: July 20, 2021

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Featured Interview: Where the auto industry is, and where it needs to go - Bob Lanham, Facebook Car dealers and other retail professionals in the automotive...

CBT automotive newscast: July 19, 2021

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Featured Interview: Hiring and retaining top talent is a struggle for many car dealers, but why? Hiring and retaining top talent remains a concern for many...

CBT automotive newscast: July 16, 2021

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Featured Interview: How VA dealer Jarryd Carver worked his way through the ranks and opened two successful dealerships One dealer principal out of Virginia has had...

CBT automotive newscast: July 15, 2021

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Featured Interview: Bloomberg's Kevin Tynan discusses key auto industry insights from Q2 Second-quarter numbers are officially in. On today’s show, we’re pleased to welcome back Kevin...

CBT automotive newscast: July 14, 2021

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Featured Interview: How an influx of capital for car dealers is shaping the buy-sell market - Alan Haig, Haig Partners On today’s show, we’re pleased to...