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storm

Massive winter storm idles automotive plants, affects dealers

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As a freak winter storm wreaks havoc across a huge swath of the United States, automotive manufacturers in several states have been forced to idle production lines. Factories for several carmakers including General Motors, Toyota, Ford, and Nissan have been affected due to weather conditions that have been setting records for cold and precipitation. Around […]
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Hurricane Harvey

Hurricane Harvey’s Impact on Houston-Area Auto Groups

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Hurricane Harvey’s impact on the state of Texas will be long-lasting beyond this month. In addition to the many businesses affected by Harvey, the aftermath also extends to the auto industry. The flooding is said to have destroyed as many as one million cars in the Houston area. As of last Thursday morning, there were […]
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newscast

HADA Chairman Steven Wolf talks about Hurricane Harvey | 5 Quick...

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On today's CBT Newscast for Monday, September 11th, 2017: HADA Chairman Steven Wolf talks about Hurricane Harvey In this exclusive interview with CBT News, Steven Wolf,...
Hurricane Harvey

Harvey, A Toyota Record, and GM’s Rebound: The Story of August’s...

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August saw a similar trend in sales to July. Per the course, there were a few winners, while others are still playing catch up as we enter the last half of 2017. However, the most significant story of August is not the sales numbers or the brands that are atop the industry chain, it is […]
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NADA

Scarpelli: Monetary relief from NADA is on its way to Texas

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NADA Chairman Mark Scarpelli talks to Jim Fitzpatrick about the recent effects of Hurricane Harvey in southeast Texas as well as how the NADA is helping the cause.
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Hurricane Harvey

Devastation in Texas – A Special Report on the Auto Industry...

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Auto industry feels Harvey’s impact We have all seen the videos, the photos and have heard the news about the tragic events in the South East part of Texas.  The damage is like nothing we’ve ever seen since Katrina.  Part of what has been lost is vehicle inventory from dealer lots in areas like Houston, […]
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Hurricane Harvey

AutoNation’s Mike Jackson discusses their Houston stores

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In an interview with CNBC, AutoNation’s Mike Jackson spoke on the recent events in Houston, TX and the impact Hurricane Harvey has had on the auto industry. To donate to the NADA’s Emergency Relief Fund, visit https://www.nada.org/EmergencyRelief/.
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Hurricane Harvey

NADA Chairman Mark Scarpelli on the impact of Hurricane Harvey

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NADA Chairman Mark Scarpelli speaks with CBT’s Jim Fitzpatrick in this interview covering Hurricane Harvey and the state of dealerships in southeast Texas. To donate to the NADA’s Emergency Relief Fund, visit https://www.nada.org/EmergencyRelief/.
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Rep. Roger Williams

Texas congressman promotes an accounting method that benefits his car dealerships

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Along Interstate 20 west of Fort Worth, it’s hard to ignore the signs for Rep. Roger Williams’ myriad car dealerships. The Texas Republican, whose district stretches from downtown Austin to the southern Fort Worth suburbs, is one of the wealthiest members of Congress, due in part to his car dealing enterprise. Williams is worth approximately […]
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