Tag: dealership news
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...
Hyundai global sales decline over 6% in June as EV sales...
Hyundai Motor Company reported a more than 6% year-over-year decline in global vehicle sales for June, encompassing both Hyundai and Genesis brands. The month...
Navigating the aftermath: CDK Global’s outage and its impact on dealers...
The recent CDK Global outage has sent shockwaves through the automotive industry, forcing dealerships to adapt quickly and find innovative ways to continue operations....
CDK Global’s blackout: Analyzing the ripple effects on the automotive industry...
In the aftermath of CDK Global's unexpected shutdown, dealerships nationwide are bracing for a prolonged period of disruption. As we delve into the consequences...
