Today on CBTNews.com – Wednesday, March 11th, 2020:
Setting and enforcing a new standard in your dealership at the very beginning of the year is the easiest way to ensure that you and your staff don’t fall back into old habits. Here to walk us through some crucial habits that dealers need to improve or adopt, in order to be successful in 2020 is Michael Roppo, President and Director of Dealer Fixed-Operations Consulting and Training at Automotive Domain Results. Watch Now
It is safe to say that the world of automotive is changing and its most rapid pace in history. With autonomous vehicles, electric vehicles, digital retailing and the general IoT (Internet of Things), automotive looks vastly different today than it did 10 years ago and is destined to look even more different 10 years from now. So, what are the technology trends that are driving this rapid change? Here is a look at what has changed and will continue to change automotive in coming years. Read More
Experian has released its Q4 2019 State of the Automotive Finance Market Report, which found that many of the trends in the automotive market have steadily continued. These trends include high loan balances, delinquency trends, market share increases, and a higher preference for longer term loans. The report also found that prime consumers choosing financing for used vehicles instead of new ones has passed 50 percent, which is the highest it’s been since a decade ago in 2009. Read More