Tag: dealership news
Fisker’s bankruptcy plan approved amid SEC investigation and EV struggles
Fisker’s operations will soon wind down following a bankruptcy plan approved by U.S. Bankruptcy Court Judge Thomas Horan on October 11, 2024. The plan...
Adam Marburger discusses why consumers ‘want’ to buy F&I products in...
Welcome to Training Camp with F&I expert Adam Marburger, exclusively on CBT News! In this episode, Marburger explains why F&I products are more crucial...
Trump unveils bold tax and trade proposals to protect American jobs...
In a speech at the Detroit Economic Club on Thursday, former President Donald Trump announced his support for making interest on car loans fully...
UAW President warns of job losses if Trump wins and repeals...
On Thursday, UAW President Shawn Fain warned that hundreds of thousands of U.S. jobs would be at risk if former President Donald Trump won...
Florida dealerships assess damage, begin reopening efforts after Hurricane Milton
Hurricane Milton, a Category 3 storm with winds of 120 mph, made landfall near Siesta Key, Florida, on October 9, prompting widespread closures of...
Stellantis denies merger rumors amid growing industry consolidation buzz
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the...
Weekly roundup: NADA vs. FTC in CARS rule court battle, Stellantis...
Earlier this week: NADA and FTC sparred over the CARS rule in a U.S. appeals court. Stellantis filed a lawsuit against UAW over alleged...
NADA and FTC spar over CARS rule in U.S. appeals court
On October 9, a U.S. appeals court examined the challenge by the National Automobile Dealers Association (NADA) and the Texas Automobile Dealers Association against...
U.S. new vehicle prices hold steady in September amid rising incentives
According to Kelley Blue Book data, the average transaction price (ATP) for new vehicles in the U.S. in September reached $48,397, a slight increase...
Essential strategies to help dealerships prepare for inclement weather
As extreme weather events become more frequent and unpredictable, the automotive industry needs to adapt to protect its assets and people. On this episode...
