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Lawmakers pressure Stellantis, Tesla reports $2.2B Q3 profit, Hyundai faces 7% earnings drop

Top stories

Lawmakers urge Stellantis to honor UAW investment commitments amid rising tensions. Read More

Tesla posts robust Q3 earnings with $2.2B net income. Read More

Hyundai warns of slowing demand and rising competition amid a 7% drop in Q3 profit. Read More

Lithia Motors surpasses cost-cutting target, achieves $200M in savings. Read More

Featured Interview

Selling your dealership can be daunting, whether you're planning to retire, shift industries, or capitalize - Sheldon Sandler joins us.10 essential tips for successfully selling your dealership– Sheldon Sandler | Bel Air Partners
In today’s competitive automotive market, selling your dealership can be daunting, whether you’re planning to retire, shift industries, or capitalize on favorable market conditions. In this episode of Inside Automotive, Sheldon Sandler, founder of Bel Air Partners, joins us to share invaluable strategies for a smooth and successful dealership sale. With years of experience in the industry, Sheldon reveals the key factors to consider, ensuring you maximize your sales and maintain confidentiality throughout the process. Watch the full segment
here.

In today's episode of Inside Automotive, Cory Collins breaks down the key strategies needed to navigate F&I challenges and drive success.Cory Collins shares strategies dealers can implement to offset shrinking front-end profits
As front-end gross profits continue to dwindle due to inventory normalization post-COVID, dealerships are placing an even greater emphasis on their F&I departments to maintain profitability. With cash deals on the rise and a changing consumer landscape, F&I has become a crucial frontier for dealers to secure sustainable profits. In today’s episode of Inside Automotive, Cory Collins, Speaker and National F&I Trainer for Automotive Reinsurance Concepts, breaks down the key strategies needed to navigate these challenges and drive continued success. Watch the full segment
here.

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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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