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UAW strikes at Eaton Aerospace, Tesla introduces new financing incentives, August retail used-vehicle sales hit highest since 2021

Top stories

UAW workers strike at Eaton Aerospace over retirement, wages, and health care dispute. Read More

Tesla unleashes new financing incentives to boost end-of-quarter sales. Read More

August retail used-vehicle sales surge, highest since October 2021. Read More

IIHS study shows drivers more distracted with partial automation systems. Read More

Featured Interview

In today's episode of CBT Now, Karl Brauer shares insights into the increasing market share of 10+ year-old vehicles. How consumers are navigating rising vehicle costs – Karl Brauer | iSeeCars.com In today’s episode of CBT Now, Karl Brauer, Executive Analyst for iSeeCars.com, shares insights into the increasing market share of 10+ year-old vehicles. With rising costs for both new and used cars, consumers are finding value in older, well-maintained vehicles. Brauer discusses the impact on the automotive industry, including service demand, vehicle longevity, and changing consumer preferences. Watch the full segment here.

How dealers can master the art of service department via collaborations
Welcome to the latest episode of the Training Camp, where Adam Marburger shares invaluable strategies for enhancing your Finance and Insurance (F&I) operations by forging stronger connections with your service department. Learn how daily interactions and insightful practices can transform your F&I performance and drive higher profitability. Watch the full segment here.

For Dealers

The Dave Cantin Group, today, announced that Biltmore Automotive Services has acquired two of DCG’s lines of business.Dave Cantin Group Announces Biltmore Automotive Services’ Acquisition of DCG’s Capital and Ownership Accelerator Program Lines of Business
NEW YORK, Sept. 16, 2024 – The Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners, today announced that Biltmore Automotive Services has acquired two of DCG’s lines of business: DCG Capital and its innovative Ownership Accelerator Program (OAP). The parties began negotiating the deal during the 2024 National Association of Minority Automobile Dealers (NAMAD) conference. 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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