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UAW threatens strike over Stellantis plant, GM cuts 1,000 jobs, Trump eyes ending EV tax credit

Top stories

UAW threatens national strike over Stellantis’ failure to meet Belvidere plant commitments. Read More

GM lays off over 1,000 software and services division employees amid strategic streamlining. Read More

Trump considers ending EV tax credit, praises Musk for potential cabinet role, threatens tariffs on Mexican-made cars. Read More

Wholesale used vehicle prices rose 0.5% in early August. Read More

Featured Interview

Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive.Sonic Automotive surges 76% despite CDK outage; Jeff Dyke explains resilience strategies
Despite the estimated 1.02 billion dollar loss for dealerships due to the CDK Global outage, Sonic Automotive’s second-quarter net income is up 76% year-over-year. Joining us on the recent episode of Inside Automotive to talk more about that is Jeff Dyke, the President of Sonic Automotive. Watch the full segment here.

Suzuki explains the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyaltyLeveraging ChatGPT for enhanced sales and service – Jen Suzuki
In this episode of Loyalty-Based Sales Strategies, industry expert Jen Suzuki explores ChatGPT’s transformative potential for car dealerships. From streamlining service communications to crafting engaging sales messages, Jen explains how this AI tool can revolutionize dealerships’ interactions with customers. Whether you’re looking to enhance your marketing efforts or improve customer engagement, this episode offers valuable insights into harnessing AI to elevate your dealership’s operations. Watch the full segment here.

For Dealers

Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. How dealerships can grow sales and profits by adopting resilient marketing strategies
In this competitive market, car dealerships face numerous challenges. Maintaining steady sales and profits can be challenging with fluctuating consumer demands, high vehicle prices, and low inventory. Read More

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CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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