Tag: auto industry
5 trends shaping the auto industry in 2022 – Brian Finkelmeyer...
Throughout the past few years, there has been a lot of conversation surrounding new car inventory and prices. Now that we’re in the first...
CBT automotive newscast: February 28, 2022
Inside Automotive:
Letting your customers be in control of the car buying experience
On the latest episode of Straight Talk, host David Lewis, President of David Lewis &...
Oil prices cross $100 mark as Russia invades Ukraine
For the first time since 2014, oil prices exceeded $100 per barrel on Thursday. The benchmark Brent Crude ripped 8% higher in early morning...
KAR Global sells ADESA auction business to Carvana in $2.2B deal
On Thursday, KAR Global agreed to terms of a deal that sees all ADESA auction operations and businesses in the US transfer to Carvana....
Carvana expansion shows the importance of growing online car sales
Carvana announced this week it had opened its brand new campus in Georgia, which is one of its largest campuses and will add 1,500...
CBT automotive newscast: February 25, 2022
Inside Automotive:
GM Shawn Hays on sourcing inventory, dealership culture, and training
Today on Inside Automotive, we’re pleased to welcome back Your Car Guy Shawn Hays,...
Social media marketing for car dealers: What is different in 2022?
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...
Is the automotive buy-sell market on track for another record year?
Last year was monumental for mergers and acquisitions. Can the auto industry expect to see more of the same in 2022? On this edition...
In the first year of merger, Stellantis profits $15 billion
On Wednesday, Stellantis posted their 2021 financial results, denoting the company’s first ‘full’ year of business since Fiat Chrysler Automobiles and PSA Group merged...
5 ways the service and parts department can minimize losses
If you’ve ever stopped to consider how many parts are walking away from the dealership unbilled, whether through theft or due to oversight, you...