Tag: auto industry
CBT automotive newscast: February 11, 2021
Top Headlines:
Rick DeSilva of Liberty Subaru in Emerson, New Jersey was named the 2021 Time Dealer of the Year. DeSilva was awarded the honor...
How to set your dealership apart from its digital retailing competition...
Today on CBT News, we’re pleased to welcome back Kalah McCoy, Executive Vice President at Velocity Automotive Solutions, Hugh Hathcock, Owner and Founder of...
CBT automotive newscast: February 10, 2021
Today’s Featured Interview:
Will the record breaking automotive M&A activity continue throughout 2021? – Ryan Kerrigan
Automotive M&A deals have been very active over the last...
CMA’s Liza Borches on gross profits, digital retailing, electrification, and best...
Automotive dealers across the country saw gross profits rise in 2020, as new vehicle demand remained high and inventories dwindled off the lot. Recently,...
CBT automotive newscast: February 9, 2021
Today’s Featured Interview:
CMA’s Liza Borches on gross profits, digital retailing, electrification, and best practices for 2021
Automotive dealers across the country saw gross profits rise...
How all components are in place for automotive digital retailing in...
It is certainly an understatement to say the world has been turned on to online shopping and digital retailing. According to Adobe Analytics, during...
A pandemic silver lining: the return of telephone
In a year where the pandemic brought the economy to its knees, dealers were forced into survival mode. Many dealers implemented strategies to stay...
4 modern dealership challenges and how to successfully pivot
Dealership operations are becoming increasingly complex, and the global pandemic has only accelerated that further. The rapid changes in market conditions are driven by...
CBT automotive newscast: February 8, 2021
Today’s Featured Interview:
Buy/sell expert Dave Cantin discusses the current state of industry consolidation and dealership valuations
Automotive M&A transactions have been extremely active even in...
CBT automotive newscast: February 5, 2021
Today’s Featured Interview:
NADA President & CEO Mike Stanton gears up for next week’s 2021 virtual NADA Show
Due to safety concerns and government restrictions caused...