Tag: Asbury Automotive
CDK Global outage set to hit AutoNation and Sonic Automotive hardest...
According to analysts, AutoNation and Sonic Automotive are expected to be the most affected by the recent CDK Global outage in their second-quarter earnings....
Dealer groups show resilience in Q3 despite profitability pressures
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era.
Lithia & Driveway...
Asbury Automotive Group adds eight more storefronts in Stevinson acquisition
The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the...
Dealership M&A activity reaching feverish pace in third quarter
For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the...
CBT automotive newscast: April 28, 2021
Featured Interview:
How consistent processes can increase revenue in the service department - Don Reed
Dealers are beginning to see increased profits and revenues in their...
CBT Automotive Newscast: August 26, 2020
Today's Featured Interview:
CEO Alex Goldfayn Discusses Key Communication Strategies to Generate More Sales
Many of our personal and professional lives have been altered since the...
CBT Automotive Newscast: August 11, 2020
Today's Featured Interview:
CA Dealer Hilary Haron on Facing Inventory Concerns and Encouraging Women to Work in Automotive
Recently, women have made progress towards gaining better...
A Glance at 2nd Quarter Results for Auto Retailers Across the...
2020 has brought twists, turns, and challenges of every sort. Auto retailers have certainly felt the unpredictability as they’ve tried to navigate through the...
Erin Kerrigan Breaks Down the Revival of the Buy-Sell Market
At this point, several publicly traded automotive groups including Lithia Motors, AutoNation, and Asbury Automotive reported an increase in earnings per share for Q2....
Ryan Kerrigan Discusses the Canceled Asbury Acquisition and More Ways COVID-19...
As part of our ongoing Coronavirus coverage, we’re pleased to welcome back Ryan Kerrigan, buy-sell expert and Managing Director at Kerrigan Advisors. In this...