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Wholesale used vehicle prices declined from January as did supply, possibly signaling an unexpected surge in pre-owned demand.

Wholesale used vehicle prices dip in early February but demand rises

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Wholesale used vehicle values declined in the first two weeks of February, following similar drops in listing prices and inventory levels seen across the...
On the first episode of Loyalty-Based Sales Strategies with Jen Suzuki, we examine the role greetings play in the sales process.

How to greet customers on the phone or in the service...

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Welcome to the first episode of Loyalty-Based Sales Strategies with Jen Suzuki on CBT News! In this series, Suzuki, president of eDealer Solutions, veteran...
The UAW plans to strike Ford's Kentucky Truck plant as early as this week over a months-long labor contract delay.

UAW to strike Ford’s Kentucky plant over five-month contract delay

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The United Auto Workers (UAW) union says it will go on strike at Ford's Kentucky Truck Plant as early as this week if the...
The Environmental Protection Agency is planning to lower strict emission standards proposed last year, effectively slowing the EV transition.

EPA to re-evaluate tailpipe emission standards after industry pushback

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The Biden Administration is planning to relax strict tailpipe emission standards proposed by the Environmental Protection Agency (EPA) last year in an effort to...
Scott Gunnell joins Driving Solutions to discuss the main headwinds in the dealership F&I sector and the solutions necessary to succeed.

Innovating for short and long-term F&I headwinds — Scott Gunnell |...

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F&I (finance and insurance) continues to be one of the most important departments in the dealership, driving both revenue and customer satisfaction. But just...
350 seats are available at AgRally HQ for this once-a-year celebration, 250 of those reserved for this exclusive dealer experience.

AgRally Dealer Experience: exclusive, VIP access limited to just 125 dealers

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Where in the automotive industry will you ever have a chance to learn what it really takes to sell trucks in the agriculture community?...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Cruise VP of robotaxi hardware development abruptly resigns

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Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of...
New vehicle supply levels recovered to their highest levels since June 2020 in February while prices continued to decline.

New vehicle supply surges in February, prices fall

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New vehicle prices have dipped under rising supply levels, signaling a return to a consumer-friendly market. At the start of February, new vehicle inventory reached...
Matt Easton joins CBT Now to discuss a critical mistake that sales professionals make along with best practices for taking care of clients.

Why are sales professionals in a hurry? — Matt Easton |...

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Sales professionals have two primary jobs in the dealership: make the customer happy and make the business money. Unfortunately, some companies prioritize the latter...
Stellantis saw revenue and profit increase on an worldwide scale but faced challenges in the U.S. stemming from low sales and the UAW strike.

Stellantis full-year profits rise but business stays sluggish in U.S.

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Stellantis recorded strong full-year earnings for 2023 on a global scale but struggled to maintain profitability in the U.S. following the United Auto Workers...