Tag: auto industry
What is driving buyers and sellers to the automotive M&A market?
The automotive buy-sell market is on a hot streak with continuous record-breaking activity. From public companies like Lithia Motors to private dealer groups like...
Kelly Automotive VP Chris Saraceno tackles industry consolidation, recruiting female employees,...
As COVID-19 restrictions are slowly lifted across the country, many dealers are turning to a new way to do business and recruitment doesn’t quite...
Dealer principal Aaron Zeigler discusses expansion, EVs, and inventory shortages
M&A activity hasn’t slowed down in the least bit, the latest acquisition coming from Zeigler Automotive Group who recently purchased a Subaru store in...
Three ways to involve the collision center in day-to-day operations
Most dealerships operate many of the same departments: new cars, pre-owned vehicles, service departments, and parts and accessories centers. Fewer than 40% of franchised...
CBT automotive newscast: June 4, 2021
Featured Interview:
How NAMAD is investing in the next generation of minority dealers
There are currently only 1,234 ethnic minority dealers out of the 18,200 franchise...
CBT automotive newscast: June 3, 2021
Featured Interview:
How NAMAD is investing in the next generation of minority dealers
There are currently only 1,234 ethnic minority dealers out of the 18,200 franchise...
Ford’s Andrew Ashman discusses the value of revamping the CPO buying...
Today on CBT News, Andrew Ashman joins the show to discuss the importance of the used-vehicle market. Ashman serves as the U.S. Used Vehicle...
CBT automotive newscast: June 2, 2021
Featured Interview:
Ford's Andrew Ashman discusses the value of revamping the CPO buying journey
Today on CBT News, Andrew Ashman joins the show to discuss the...
Did the pandemic shorten the path to a more transactional dealership...
Covid-19 hit like a shock wave in March 2020, shutting down dealerships, impelling them to adopt digital retailing (DR) as a low-touch transaction alternative...
CBT automotive newscast: June 1, 2021
Featured Interview:
How car dealers are adjusting to Volvo's electric future - Ernie Norcross, Chairman of the Volvo Retail Advisory Board
Volvo recently announced plans to...