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CBT News Market Update: Brian Benstock, Paragon Honda & Mark Conner,...

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Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came...
car sales

CBT News Market Update: Phil Sura, Mudd Advertising & Mark Conner,...

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Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR of new car sales came...
market

CBT News Market Update: Jennifer Suzuki, eDealer Solutions & Jason Knight,...

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Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR came out to 12.84 this...
market

CBT News Market Update: Jeremy Beaver, Del Grande Dealer Group &...

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Welcome to another edition of the CBT News Market Update. To quickly recap this week’s numbers, the retail SAAR came out to 12.7 million,...

What can auto dealers learn from Q3 and what can...

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The third quarter of 2020 is in the rearview mirror, and auto dealers have plenty of questions moving into the final few months of the year. For many business sectors, the year 2020 seemed to drag on for an eternity, putting tremendous pressure on business leaders to make difficult decisions regarding finances and personnel. Following […]
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Tesla

Tesla inches near annual sales goal on record-setting Q3

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On Friday, Tesla issued their Q3 report on production and sales for 2020. Overall, the EV automaker announced in a news release that they produced 145,036 vehicles across their four current model platforms and delivered 139,300 of those vehicles to customers. Those figures represent an astounding increase in quarterly sales and deliveries over second-quarter sales […]
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independent dealers

Independent Dealers Remain Positive Entering Third Quarter 2020

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Coming off the toughest sales climate in more than a decade, it could be argued that the auto industry should be expecting the worst situation as the second half of 2020 gets underway. That’s not the case. According to the National Independent Automobile Dealers Association’s August 2020 publication of Used Car Dealer Magazine, wholesale values […]
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Q3

Surprise Numbers from Subaru, and Better Than Expected Sales Results...

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2019 has been a year of wondering if and when the bottom would fall out regarding auto sales. Regarding new auto sales, some have predicted that this year will be dismal. Everything from a saturated market to rising transaction prices has been predicted to stall sales. However, Q3 is revealing a mixed narrative. Cautious automakers […]
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Tesla

Who are the Buyers behind Tesla’s Earth-Shattering Q3 Earnings?

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If you paid any attention to the news last month, it would have looked like the end of the world was coming for Tesla. Elon Musk appeared to have gone rogue with threats of buying back the publicly owned company and making it private, once again. Elon made these comments without consulting (or consent from) […]
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