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sales

US new vehicle sales in November are down once again

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Auto sales are yet again being hindered by the ongoing supply chain issues, with a handful of automakers reporting notable drops in sales for the month of November. While a lack of sales sometimes comes when there is a drop in demand, consumers are still eager to buy new vehicles. However, they cannot find the […]
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Dealer of the Year

How TIME’s Dealer of the Year Rick DeSilva Jr. showed...

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For 10 years TIME in partnership with Ally has recognized new car dealers across the country for their performance and community service. This year, second-generation dealer, Rick DeSilva Jr. was named TIME’s Dealer of the Year. After learning about Rick’s incredible commitment to service, to not only customers but also the community, it’s easy to […]
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Subaru

Subaru of America fights hunger with 100M meal donation to...

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Subaru is best known for rugged vehicles with Boxer engines and standard Symmetrical AWD, but that could soon be overshadowed by their positive corporate identity. The Japanese carmaker has announced on Thursday that they’ve made an incredibly generous donation to Feeding America. Their financial gift will help provide 100 million meals to Americans that the hunger relief organization […]
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Consumer Reports

Consumer Reports 2019 Vehicle Recommendations

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Consumer Reports (CR) has released its 2019 list of recommended vehicles, and Subaru has come out on top. The determination for the annual list is made after testing numerous features of vehicles including acceleration, safety, off-road ability, comfort, space, emissions, and so on. Genesis, Porsche, Audi, and Lexus also made the top five, whereas Fiat, […]
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All Seven Component Stocks Were Down In September- Kerrigan Report

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Ryan Kerrigan, Managing Director of Kerrigan Advisors, joins Bridget Fitzpatrick on CBT Automotive News to discuss the state of the Kerrigan Index. The pair discussed how the US-China trade war, Tariffs, NAFTA and bad weather all played a hand in weak sales for the month of September. The Kerrigan Index was down nearly six percent […]
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Auto Sales

The Winners and Losers of May Auto Sales: A Month...

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Just when analyst think they have an idea of the purchasing patterns of car buyers, consumers end up bucking trends and surprising us all. This year has indeed been an erratic ride when it comes to auto sales; April saw gains, while March and February saw declines. May is the next piece of the automotive […]
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Auto Sales

The New Normal: Four Takeaways from April 2018 Auto Sales...

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March seemed like a promise of good things to come in relation to auto sales. However, analysts were right to be cautiously optimistic. April’s auto sales saw a five percent decline when compared to last year’s numbers. In comparison to last month, March saw sales of approximately 1,653,529, and April’s estimated numbers dropped to 1,349,742. […]
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newscast

Will rising interest rates impact dealer profitability? | Why this expert...

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  On today's CBT Newscast for Monday, February 12th, 2018: Will rising interest rates impact dealer profitability? If interest rates keep rising this year, what will be...
newscast

Consistency in The Service Drive | How China is meeting younger...

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On today's CBT Newscast for Tuesday, December 19th, 2017: Sally Whitesell: Consistency in The Service Drive Joe Gumm speaks to Sally Whitesell, founder and CEO of...
newscast

Brian Finkelmeyer: How to add more value to your store |...

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On today's CBT Newscast for Friday, December 1st, 2017: Brian Finkelmeyer: How to add more value to your store Your dealership has value, but you have...