Tuesday, December 1, 2020
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CarLotz

How to source your dealership’s vehicle inventory more efficiently – John...

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Dealers may have a solution to their inventory woes with CarLotz as the company focuses on expansion while also securing plans to go public this quarter. CarLotz has attracted investment backing from a couple of well-known retail automotive giants you may know, McLarty Diversified Holdings, founded by Franklin McLarty, former CEO of one of the […]
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cost erosion

5 ways to reduce cost erosion on used car inventory

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Every day a used car doesn’t sell costs money. These 5 ways to reduce vehicle cost erosion are vital to your dealership’s ROI. Asset depreciation...
Sonic Automotive

Sonic Automotive’s EchoPark brand continues to grow despite industry setbacks –...

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Sonic Automotive opened its newest preowned EchoPark brand store in Houston, Texas on Sept. 8, 2020, making it the eleventh retail store for the brand since launching in 2014. On today’s show, we are talking to Jeff Dyke, President of Sonic Automotive, about this latest expansion and what it means for Sonic Automotive as a […]
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vehicle

Used Vehicle Demand in the US is Shaking Up Inventories

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With costs of new vehicles rising and consumers’ pocketbooks still being strained by the coronavirus pandemic, used vehicle demand has significantly spiked since the COVID-19 pandemic began. Inventory of new cars is becoming an issue for dealers now, seeing as manufacturing plants were shuttered for several weeks earlier in the year and production still has […]
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Vehicles

CarGurus Report: 70 Percent of Consumers Are Actively Searching for Vehicles

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According to the Wall Street Journal, most automakers reported declines in sales during this year’s second quarter. The numbers may look bleak, and these sales decreases may be the norm for the rest of 2020. Nevertheless, these numbers don’t tell the whole story about what is happening with potential car buyers. While some may not […]
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CBT Automotive

CBT Automotive Newscast: July 22, 2020

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Today’s Featured Interview: On today’s show, we’re pleased to welcome Ramon Ray, Founder of Smart Hustle Media and The Black Education Fund, acclaimed speaker, and best-selling author of “Celebrity CEO – How Entrepreneurs Can Thrive by Building Community and a Strong Personal Brand.” In this segment, Jim and Ramon discuss his entrepreneurial background, racial sensitivity, […]
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automotive newscast

CBT Automotive Newscast: July 21, 2020

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Today’s Featured Interview: COVID-19 certainly challenged dealers and their ability to operate. But how much ground was lost? How can it be made up? We caught up with auto acquisitions specialist and CEO of Dave Cantin Group, Dave Cantin, to ask him these very questions. Watch the full-length interview here. Top Headlines:  The COVID-19 pandemic […]
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auto stocks

Auto Stocks Benefiting from Rising Used-Car Values

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There are many adjustments necessary to maintain operations in the midst of the COVID-19 outbreak. For most auto dealers, online, pickup and delivery options became more utilized than ever before. While dealers creatively adjusted to continue selling cars, the lack of new car inventory has been an unavoidable road-block. Many auto plants have had to […]
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Mike Boyd

iRecon’s Mike Boyd Talks About the Current State of the Used-Car...

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As part of today's broadcast, we’re pleased to welcome back Mike Boyd, Founder & Director of Business Enablement at iRecon, a used car reconditioning...
Autotrader

Sizzling Sales: Autotrader Names 10 Hottest Used Cars for Summer 2019

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Nothing says summer freedom like hitting the road. If a shopper who’s holding back because you don’t want to spend endless hours online to find the perfect used car, or a dealer trying to get a finger on the pulse, well, you’re in luck. Autotrader has done the work for you. The auto site crunched […]
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