Carmakers exceed expectations for Q2 profit in the US
As anticipated, the first few days in August have second-quarter financial reports rolling in from carmakers. In large part, Q2 2021 has been one of the best on record with...
TSLA373.010-1.56999%
GM75.155-2.055%
F11.555-0.385%
RIVN11.865-0.195%
CYD23.250-0.64%
HMC33.975-0.605%
TM196.040-2.18%
CVNA57.340-1.38%
PAG212.1400.03%
LAD288.585-2.485%
AN158.235-3.605%
GPI239.010-3.78%
ABG169.220-4.21%
SAH60.580-2.56%
TSLA373.010-1.56999%
GM75.155-2.055%
F11.555-0.385%
RIVN11.865-0.195%
CYD23.250-0.64%
HMC33.975-0.605%
TM196.040-2.18%
CVNA57.340-1.38%
PAG212.1400.03%
LAD288.585-2.485%
AN158.235-3.605%
GPI239.010-3.78%
ABG169.220-4.21%
SAH60.580-2.56%
TSLA373.010-1.56999%
GM75.155-2.055%
F11.555-0.385%
RIVN11.865-0.195%
CYD23.250-0.64%
HMC33.975-0.605%
TM196.040-2.18%
CVNA57.340-1.38%
PAG212.1400.03%
LAD288.585-2.485%
AN158.235-3.605%
GPI239.010-3.78%
ABG169.220-4.21%
SAH60.580-2.56%
revenue
Sonic Automotive Pres. Jeff Dyke discusses all-time record for quarterly revenue and EchoPark expansion
Sonic Automotive recently announced an all-time record quarterly revenue of $3.4 billion, that’s up 58.7% year-over-year. Plans for further expansion of EchoPark were also teased, so what does this mean...
Digital marketing is crucial to automotive parts and accessories
Customers live their lives online—and it’s not a passing fad. The mass migration to digital shopping has been well underway for decades and the COVID-19 pandemic only accelerated the movement....
Ford mulls over option to deliver unfinished vehicles to dealers
Thousands of Super Duty pickups have been sitting at the Kentucky Speedway for months as the carmaker awaits enough microprocessor chips to complete them, then deliver them to waiting dealerships....
Auto retail expert David Lewis discusses how car dealers can increase customer pay revenue
On today's show, we're pleased to welcome David Lewis, President, and CEO of David Lewis and Associates, and the host of Straight Talk right here on CBT News. Lewis begins...
Average vehicle age blows past 12 years due to pandemic
In the past year, the average age of vehicles in operation in the United States has crossed the 12-year threshold. According to IHS Markit data, the current average age of...
4 Steps to Transform Your Marketing Strategies
Data is one of the most powerful tools for automotive marketers. But, given the sheer volume and availability of data, it also can be one of the most intimidating. Data...
Phone Calls: The Good, the Bad, and the Exceptional
Competition is heating up. Shoppers are more informed than ever. Margins are shrinking.
Amid the challenges and chaos of a modern dealership, one thing remains certain: the best opportunity for you...
Upselling Customer Pay Revenues
On this week's episode of the Weekly Tune-Up, Almog Veig of David Lewis & Associates talks about upselling customer pay revenues and how to use show and tell methods to...
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