Tag: automotive retail
Auto sales forge ahead in May despite inventory shortages
April was one of the best months in automotive retail historically, and May was expected to be similar. However, the seasonally adjusted annual rate...
AutoNation CEO Mike Jackson discusses Q4 results, digital retailing, the used-car...
AutoNation is coming off a record-setting quarter at the end of 2020. One of the nation’s largest automotive retailers made a strong rebound after...
Why customer communication is key for car dealers during tight vehicle...
Car dealers around the country are feeling the strain of the current tight supply situation. As more customers search far and wide online for...
Scott Painter, CEO of NXCR discusses the current state of vehicle...
NXCR, a vehicle subscription platform, recently announced an alliance with J.D. Power that makes driving home in a new vehicle a lot easier for consumers...
ME car dealer Adam Arens on production shortages, the EV revolution,...
Despite all of the market changes and shortages happening in the industry, many car dealers have remained successful going into the second quarter of...
Dealer Jonathan Fowler discusses the benefits of forming an advisory group...
After creating an advisory group of female employees at Fowler Automotive Group, the group has been able to better serve not only employees but...
How car dealers can leverage Facebook’s new Marketplace tools – Bob...
Facebook is rolling out some new changes to its marketplace platform which aim to make automotive advertising and retailing easier and more efficient for...
When is the last time you’ve taken a closer look at...
According to Wharton Research, those who lead from the middle of an organization account for 22.3 percent of the overall variation in revenue. When...
Is the surge in automotive M&A activity likely to continue in...
Over the past year, CBT News has reported on the incredible M&A activity in the retail automotive industry. Profitability, transactions, and market valuations for...
Buy/Sell expert Ryan Kerrigan discusses LMP Automotive’s acquisition of two high-volume...
The newest publicly traded retailer to the market, LMP Automotive, recently closed on a handful of dealerships, including two high-volume Kia stores. Today on...