Tag: CBT News
A deep dive into Elon Musk’s business strategy for Tesla
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
Virtual tours and contactless delivery: how to embrace digital retailing
COVID-19 changed everything, including how we shop. As a result, many industries have had to embrace online shopping. According to the National Library for...
Weekly roundup: GM’s new EV battery plant, direct-to-consumer sales banned in...
Earlier this week: General Motors announced that it will follow Ford's lead and adopt Tesla's North American Charging Standard. Florida Governor and presidential hopeful...
New vehicle affordability improved in May despite higher prices and interest...
In May, the affordability of new vehicles experienced a slight improvement compared to previous months, according to new data from Cox Automotive. This positive...
Retail sales rose 0.3% in May, beating analyst expectations
Despite the challenges posed by persistent inflation and rising borrowing costs, Americans increased their spending at retailers in the month of May.
According to the...
Leveraging customer data platforms ahead of Google’s 2024 cookie depreciation
Today, a majority of auto dealerships find themselves at a crossroads as 2024 looms. In 1992, Netscape invented the cookie, which sparked the profitable...
To innovate or procrastinate — That is the question
It may sound like heresy, but Henry Ford was a procrastinator.
“I need a faster horse.” That was the consumer mantra when the early automobile...
Self-advocacy: How dealers can handle hot-button OEM issues
The relationship between dealers and OEMs in our industry is crucial for mutual success. However, as we all know, conflicts frequently arise as OEM...
New report shows FTC rule changes will cost consumers time and...
The automotive industry is no stranger to change, and as it evolves, regulations will play an important role in protecting consumer rights and ensuring...
AI has arrived and it will change the automotive industry forever
Welcome to another edition of The Future of Automotive, with Steve Greenfield, Founder, and CEO of Automotive Ventures, where I put recent automotive and...
