Tag: automotive industry
Penske Automotive acquires world’s largest Ford dealership, Bill Brown Ford
On July 15, Penske Automotive Group acquired Bill Brown Ford in Livonia, Michigan, the world's largest sales volume Ford dealership. This acquisition is expected...
Car prices drop as interest rates may follow: Tips for buying...
With new and used car prices continuing to decline and potential Federal Reserve interest rate cuts on the horizon, now might be a prime...
How rising insurance rates are impacting vehicle ownership – Tim Jackson
The cost of vehicle ownership is on the rise, and one key factor is insurance rates. On today's episode of Inside Automotive, Tim Jackson,...
Elevating F&I performance through consistent training and servant leadership – Adam...
Welcome to Training Camp with Adam Marburger, exclusively on CBT News. In an industry where margin compression is a constant challenge, consistent training and...
From Cyberattacks to Natural Disasters: A Guide for Car Dealer Preparedness
Nearly half of all new car dealerships in the U.S. have just endured the CDK Global shutdown, highlighting the critical need for robust emergency...
Ford Pro expands commercial auto insurance to Maryland and Minnesota
Ford Pro is expanding its commercial auto insurance offering, Ford Pro Insure, to Maryland and Minnesota. Underwritten by Ford Credit's insurance subsidiary and powered...
Elon Musk fully endorses Trump after rally shooting incident
Elon Musk announced his "full" endorsement of Donald Trump moments after the former president was rushed off stage by Secret Service members following gunshots...
Lucid Air sedan faces a recall for safety issues
The National Highway Traffic Safety Administration (NHTSA) has issued a recall for certain models of the Lucid Air electric sedan manufactured between 2022 and...
IBAT achieves milestone in lithium production with novel filtration technology
According to an exclusive Reuters report, International Battery Metals (IBAT) has made a significant breakthrough in the clean-energy transition by becoming the first company...
Andy Wright reveals insight into Hyundai-Amazon partnership and CDK ransomware attack
On today's episode of Inside Automotive, Andy Wright, Managing Partner of Vinart Dealerships, joins host Jim Fitzpatrick. In this insightful interview, Wright delves into...