Today on CBTNews.com for Thursday, May 28th, 2020:
Sales Trainer David Lewis Talks About the Current State of the Car Business and How Things Will Change
On today’s show, we welcome back sales trainer and President of David Lewis and Associates, David Lewis. David and Jim discuss used-car inventory, reopening the country, and more.
Dealership traffic volumes continue to be suppressed. For shoppers reaching out to dealerships online and in person, buying intent seems to be much higher than pre-COVID. Although the average customer visits 2.5 dealerships before making their purchase according to the 2019 Cox Automotive Car Buyer Journey study, 41 percent only visited one store. That’s the number that’s bound to increase. Read More
Auto dealers are always ready to lend a hand. That’s been proven time and time again from the moment the COVID-19 shutdown began through today in the early stages of the economic recovery. CBT News has posted stories about dealers caring for their communities and being part of the support network for the underprivileged. If you or someone you know in the automotive industry should be featured on the CBT Automotive Network, please reach out! Read More
Did you enjoy this interview? Please share your thoughts, comments, or questions regarding this topic with host Jim Fitzpatrick at jfitzpatrick@cbtnews.com.
Car Biz Today, the official resource of the retail automotive industry.
While you’re here, don’t forget to subscribe to our email newsletter for all the latest auto industry news from CBT News.