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CBT automotive newscast: May 5, 2022

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Inside Automotive: Florida dealer AJ Hiers on the future of the franchise dealership model Is the franchised dealer structure coming under attack? Today on Inside Automotive,...
Tesla

Tesla’s Shanghai gigafactory returns to 80% capacity according to Chinese officials

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The Shanghai Economics and Information Technology Commission chief engineer, Zhang Hongtao, said Monday that Tesla's operations have resumed over 80% after its Shanghai-based gigafactory was...
Stellantis

Stellantis CEO says chip shortages will continue into 2023

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Carlos Tavares, Stellantis’s Chief Executive Officer, said at an event on Friday that he does not foresee the semiconductor chip shortage ending this year and expects...
pre-owned

Create a pre-owned inventory investment strategy

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Used car sales continue to rise month over month, starting with a three percent increase from January to February 2022 in Q1. In contrast,...

CBT automotive newscast: April 29, 2022

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Headlines: Auto retailer Sonic Automotive released its first-quarter results yesterday, which noted several record numbers all across the board. Revenue for the quarter increased almost...
Penske

Penske Automotive quarterly results reach all-time record

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In its financial results report on Wednesday, Penske Automotive Group, Inc. said it had reached record high numbers for the first quarter. The transportation...

CBT automotive newscast: April 28, 2022

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Inside Automotive: The 3 most vital elements of customer service today with Shep Hyken Shep Hyken, customer experience expert and New York Times best-selling author, recently released the...

CBT automotive newscast: April 26, 2022

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Inside Automotive: Auto retailers remain healthy in spite of supply chain calamity Top of mind for many auto retail professionals these days is inventory — where...

CBT automotive newscast: April 25, 2022

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Inside Automotive: Buy/Sell transactions skyrocketed in 2021 indicating more consolidation ahead On this edition of Inside Automotive, we’re pleased to welcome back Erin Kerrigan, Founder, and...

CBT automotive newscast: April 22, 2022

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Inside Automotive: Why 'your mindset determines your trajectory' - David Meltzer | Sports 1 Marketing Show me the money! If you’re familiar with this line, chances...