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3 ways car dealers can prepare for Memorial Day Weekend this...

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The unofficial start to summer is Memorial Day weekend, and it tends to be one of the busiest weekends in the US for vehicle sales. Before...

Capture more with high quality images of your inventory

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It’s no secret that the pandemic has accelerated the need to adopt and evolve with the digital marketplace. According to U.S. Department of Commerce,...
car dealers

Pop goes the used car market bubble? Lucky Lopez weighs in.

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Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
car dealers

Strategizing for the return of new and used car inventory

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Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews, hands-on dealership strategies, as well as vendor analysis. Today, host Jasen Rice discusses the increase in inventory. Many car dealers experienced a slow down […]
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used-car

It’s a used-car desert—how to get creative and boost inventory

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Used-vehicle inventory levels are at the lowest point in almost nine years. Twenty years from now, economists will not have much difficulty explaining what happened. A confluence of factors, starting with the semiconductor shortage and pandemic-induced consumer behavior changes, upended supply and demand. With fleet and rental car providers scrambling to regrow fleets, and consumers leasing […]
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inventory

3 myths dealers need to know about inventory shortages

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While the dealership world is hoping the inventory crisis will come to a speedy resolve, industry experts aren’t as optimistic. Embracing the challenges and opportunities...
marketing

Maximizing dealership marketing ROI for the long-term

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While new vehicle registrations reached a 10-year high in March and some dealers benefited from record-breaking sales and profit margins in 2020 and into...
AutoNation

AutoNation reports record earnings in Q2 2021

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On July 19th, AutoNation released their Q2 net income from continuing operations that set an all-time earnings record for the fifth straight quarter. As the largest American automotive dealer group, their net income achieved $385 million and an adjusted EPS of $4.83, representing an increase of 243% above the same period last year. Compared to […]
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KADA

How will the impact of the ‘EV revolution’ affect car dealers?...

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Today on CBT News, host Jim Fitzpatrick is joined by Jason Wilson, President of the Kentucky Automobile Dealers Association (KADA). Wilson joins the show...
company culture

How to build and sustain a strong company culture at...

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For the seventh year in a row, Capitol Subaru was named one of the best dealerships to work for by Automotive News. Building the right team and maintaining a strong company culture has been instrumental in the success of capital Subaru. On today’s show, we speak with general manager and partner, Alex Casebeer, about the […]
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