Tag: dealership news
Penske Automotive acquires world’s largest Ford dealership, Bill Brown Ford
On July 15, Penske Automotive Group acquired Bill Brown Ford in Livonia, Michigan, the world's largest sales volume Ford dealership. This acquisition is expected...
How rising insurance rates are impacting vehicle ownership – Tim Jackson
The cost of vehicle ownership is on the rise, and one key factor is insurance rates. On today's episode of Inside Automotive, Tim Jackson,...
Navigating affordability and consumer resilience: Insights from Urban Science’s 2024 Harris...
In the ever-evolving automotive landscape, understanding car buyers' intricate behaviors and sentiments is paramount for dealers striving to stay ahead. Joining us on today's...
GM’s 1 million EV production goal for 2025 in doubt, says...
General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments...
Stellantis offers home charging unit or $600 credits with new EVs
As Stellantis prepares to launch several new electric vehicle models this year, the automaker is offering buyers a choice between a home charging unit...
Federal monitor reports pervasive culture of fear and slow reforms at...
According to a new report from the federal monitor overseeing the United Auto Workers (UAW) union, the union remains plagued by a culture of...
New vehicle affordability sees slight decline in June despite rising incomes
According to the Cox Automotive/Moody’s Analytics Affordability Index, new vehicle affordability experienced a slight decline in June. Dealers and manufacturers were less aggressive with...
Elevating F&I performance through consistent training and servant leadership – Adam...
Welcome to Training Camp with Adam Marburger, exclusively on CBT News. In an industry where margin compression is a constant challenge, consistent training and...
From Cyberattacks to Natural Disasters: A Guide for Car Dealer Preparedness
Nearly half of all new car dealerships in the U.S. have just endured the CDK Global shutdown, highlighting the critical need for robust emergency...
Ford Pro expands commercial auto insurance to Maryland and Minnesota
Ford Pro is expanding its commercial auto insurance offering, Ford Pro Insure, to Maryland and Minnesota. Underwritten by Ford Credit's insurance subsidiary and powered...