Tag: car business
CBT automotive newscast: August 24, 2021
Featured Interview:
NCADA Pres. Robert Glaser discusses Carvana's 180-day dealer license suspension
The North Carolina DMV has banned Carvana from selling vehicles in Wake County, where...
CBT automotive newscast: August 23, 2021
Featured Interview:
Buy-sell expert Alan Haig discusses current valuations and M&A trends in the auto industry
Haig Partners has new, recently released data on the profits...
Gearing up for the 75th annual NIADA Convention and Expo with...
Independent dealers across the country are gathering in San Antonio, Texas, next week for the 75th annual NIADA Convention and Expo. On today’s show,...
Foureyes founder David Steinberg announces funding round and Hagerty goes public...
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
CBT automotive newscast: August 20, 2021
Featured Interview:
Why this N.C. dealer group is investing big in its BDC departments
The retail automotive industry changes rapidly so what are BDC departments doing...
Sonic Automotive increases minimum hourly wage to $15
CHARLOTTE, N.C., August 19, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today...
CBT automotive newscast: August 19, 2021
Featured Interview:
GNYADA Pres. Mark Schienberg on the decision to postpone the New York Auto Show
In light of new coronavirus concerns and the increase in...
CBT automotive newscast: August 18, 2021
Featured Interview:
How car dealers can best position themselves to compete with retailers like Carvana - Paragon Vice Pres. Brian Benstock
Online vehicle retailer Carvana continues...
CBT automotive newscast: August 17, 2021
Featured Interview:
GM Nick Anderson discusses how COVID-19 transformed the customer experience at his Ford store
This year marks the tenth annual, 40 under 40 list...
CBT automotive newscast: August 16, 2021
Featured Interview:
Nissan exec. David Kershaw on boosting minority-owned car dealerships with development program
At the close of 2020, the number of minority-owned dealerships rose to...