Tag: automotive industry
How the Texas car market continues to surprise dealers — Julie...
Located in one of the largest car markets in the U.S., Toyota of Cedar Park has achieved incredible success in Texas, navigating a pandemic,...
CBT News names winners of inaugural 40 Under 40 awards
ATLANTA, Georgia (November 16, 2023)—CBT News, the dealer community's No. 1 resource for in-depth interviews and news coverage, is pleased to announce the winners...
Next Toyota Camry generation to abandon full-ICE drivetrains
The incoming generation of Toyota Camrys will abandon their customary internal combustion engines in favor of a hybrid-only system, according to automaker executives.
The 2025...
Car sales tips: discover your hidden strengths to unlock greater success
In the highly compeÂtitive world of car sales, succeÂss goes beyond mere knowledge of vehicleÂs and negotiation skills. Thriving sales professionals posseÂss a secret...
Pedestrian casualties linked to hood shape, height among trucks and SUVs
A new study from the Insurance Institute for Highway Safety (IIHS) examining traffic accidents involving pedestrians discovered significantly higher fatality rates among vehicles with...
Hyundai follows Honda, Toyota in raising worker pay
Hyundai plans to increase employee wages in the U.S., following in the footsteps of Honda and Toyota as non-unionized automakers respond to the United...
Key strategies to prepare for the 2024 used car market —...
Used car dealers have faced numerous challenges over the last three years as they have navigated a fluctuating industry landscape and considerable economic headwinds...
The role of real estate in the dealership buy-sell transaction —...
When it comes to selling their business, many dealers overlook a critical component of the transaction: real estate. With mergers-and-acquisitions activity still lagging behind...
4 growth strategies to expand your auto dealership
If your dealership has been firing on all cylinders and the bottom line is healthy, it's only natural to think about expansion. Yet, knowing...
Used car supply remains stable in November, pricing weakens
Used car supply remains under pressure in November, as high new vehicle prices force many consumers to wait on their next purchase.
According to Cox...