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sales

Supply constraints and record profits color the November sales forecast

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Automakers appear to be on the cusp of an inventory surge that would replenish dealer lots and offer more choice to customers. However, November’s...

CBT automotive newscast: November 25, 2021

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Happy Thanksgiving! We have a lot to be thankful for this year including our hardworking staff and their daily efforts here at CBT News....
Carvana

Carvana shows growth but takes a financial loss on Q3 2021...

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Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter...

CBT automotive newscast: November 10, 2021

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Inside Automotive: Hoffman Auto Group celebrates 100 years in the business: Co-Chairman Bradley Hoffman explains how Hoffman Auto Group, based in Connecticut, is celebrating 100 years...

CBT automotive newscast: October 27, 2021

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Inside Automotive: Erin Kerrigan on what's happening in the buy-sell market today What does the incredible year of buy/sell activity we’ve seen mean for the OEMs?...

Botched Bronco reservation shows why signed sales agreements are so important

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A custom order for a new Ford Bronco went sideways for both the customer and the dealership. According to a lengthy forum conversation on...

CBT automotive newscast: October 25, 2021

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Inside Automotive: CultureWise's David Friedman on the critical behaviors that build employee trust As leaders and business owners, many of us think about the importance of...

CBT automotive newscast: October 22, 2021

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Inside Automotive: Chief Enthusiasm Officer Kenya Rutland on how to build diversity and inclusion in your dealership After the nation’s civil unrest last summer, you may...

CBT automotive newscast: October 15, 2021

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 Inside Automotive: CADA Pres. Tim Jackson on how his dealer members are managing the inventory squeeze Dealers have had less inventory on their lots which has...
shop

How to bring more high-value work to your body shop

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For most autobody and collision repair shops, the main income source is from insurance claims. Although it’s steady work for body shops, especially for...