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Supply constraints and record profits color the November sales forecast
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
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 shows growth but takes a financial loss on Q3 2021...
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
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
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
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
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
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
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...
How to bring more high-value work to your body shop
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...