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GM raises profit forecast, GM halts Wentzville production, Tesla faces Q2 earnings amid delivery decline

Top stories

GM boosts profit forecast amid strong gas truck demand and slower EV transition. Read More

GM’s Wentzville plant halts production amid Lear Corp. strike. Read More

Tesla to report Q2 earnings amid decline in deliveries and investor concerns. Read More

Hyundai braces for potential policy shifts as first EV rolls out from Georgia Metaplant. Read More

Featured Interview

Integrating fixed ops strategies with inventory management – Skyler Chadwick | Cox AutomotiveSkyler Chadwick joins the Power Lunch to discuss the importance of building trust between dealers and service clients.
If you’re a consumer looking to reduce your monthly payment, the most powerful tool at your disposal is the equity in your car. And for those who leased during the pandemic, that buyback rate is nothing short of phenomenal right now. Cox Automotive’s Skyler Chadwick, director of product consulting, joins us on the latest episode of Power Lunch to share how a seamless connection between Fixed Ops departments and inventory management holds the key to dealer success. Watch the full segment here.

Suzuki explains the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyaltyValue centric selling for service and sales teams: Communicating client benefits for lasting impact
Join us on the latest edition of Loyalty-Based Sales Strategies, as Jen Suzuki shares game-changing sales strategies designed to empower both sales and service teams. In this exclusive CBT News interview, Suzuki dives deep into the importance of value-based selling, offering actionable insights to help dealerships build long-term customer loyalty and drive profits. Watch the full segment here.

For Dealers

As the prices of used battery electric vehicles (BEV) decline, new car dealers have the opportunity to adapt to this changing market.Adapting to declining used BEV prices
As the prices of used battery electric vehicles (BEVs) decline, new car dealers have the opportunity to adapt to this changing market landscape. With the correct strategy, you can attract new customers who previously couldn’t afford a BEV. Here’s how dealers can make the most of this opportunity. 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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