Today on CBTNews.com – Friday, May 5th, 2020:
NJ Dealer Tom Maoli Discusses New Car Sales, Used-Car Values, PPP Money and Trump’s Efforts on COVID-19
On today’s show, we welcome backTom Maoli, President and CEO of Celebrity Motor Cars, real estate mogul, and host of the Go Big or Go Home radio show. Tom and Jim go over the current state of new car sales, how local and federal government is reacting to COVID-19, and much more.
Many states are beginning to put procedures in place to either partially or fully reopen. From allowing restaurants to fill up to one-third of the capacity to setting the stage for retail shops to open entirely, everyone has to learn how to operate in this new normal. While many dealerships have been experimenting with selling vehicles online, some are getting the showrooms ready to welcome customers again. Read More
Automakers were shut down for quite some time following the onset of the COVID-19 pandemic. With many states and counties slowly beginning to open up again, the automotive industry is among many others looking forward to reopening and hoping to recover from the losses experienced during the pandemic. Here’s what we know about specific manufacturers’ plans to return to work. 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.
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