Tag: auto industry
CBT automotive newscast: February 14, 2022
Inside Automotive:
January U.S. auto sales: Low inventory still cause for concern; transaction prices set record
2022 U.S. auto sales kicked things off with a SAAR...
Protests at U.S.-Canada border disrupt production for automakers
Protests organized by truckers opposed to mandatory vaccination rules have stretched to nearly two weeks in the Ottawa, Ontario area, and disruptions caused by...
Auto dealership transactions keep up feverish pace
M&A activity significantly ramped up last year, and it doesn’t seem to be slowing down. With supply chain shortages, high prices, and the introduction...
Fuel prices hit highest average in eight years
Last week, fuel prices reached a level not seen since 2014, surging to a national average of $3.44 per gallon. The prices have risen...
CBT automotive newscast: February 11, 2022
Inside Automotive:
Dealer Principal Lawrence Vaughn's hard work is paying off big time
This Black History Month, we are celebrating the diversity that exists within our...
Pop goes the used car market bubble? Lucky Lopez weighs in.
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...
Auto technician shortages continue to cause problems for the industry
Last year, we discussed the state of the technician shortage and none of the information looked promising. It was clear to us then that...
First steps to fewer restrictions: Mask mandates are being lifted in...
On Wednesday, New York State Governor Kathy Hochul announced that mask mandates will not be renewed as they expire on Thursday. The news comes...
CBT automotive newscast: February 10, 2022
Inside Automotive:
Powerful ways to pick yourself up when hardships knock you down
Many of us experience setbacks and get knocked down from time to time,...
Showcase top tech in the walk-around to connect to customers
On Tuesday, Kelley Blue Book released a list of automotive technologies for car shoppers highlighting the best features to look for in a vehicle...