Tag: retail auto
Re-Adjusting Service Department Goals During the Pandemic – Daniel Korte, Serra...
Many service directors are faced with the difficult task of eliminating positions as the pandemic continues, but one service director has been able to...
Five Marketing Strategies to Increase Service Department Sales
According to the National Automobiles Dealers Association, almost 50 percent of a dealer's gross profits are generated by the service department. For many dealerships,...
CBT News Market Update: Shawn Vaughn, VBM Auto Group & Sean...
On this week's episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.74, down 9.4% from...
CBT News Market Update: Zo Rahim, Cox Automotive & Jonas Moskowitz,...
On this week's episode of the CBT News Market Update, new car sales came out to a retail SAAR of 11.03, down 10.6% from...
Dealer Marketing Choices During COVID are Learning Lessons
August 4, 2020, CHICAGO Ill. — LotLinx, the auto industry’s leading VIN Demand Platform™, announced today, on average, paid search spend per vehicle has...
CBT News Market Update: Jonathan Banks, J.D. Power & Len Short,...
Looking at the SAAR for July, auto retail came in at 14.5 million, higher than the initial projections of 14.3. This week, new car...
CBT News Market Update: Doug Eroh, Longo Toyota & Jason Knight,...
Since the outbreak of the COVID-19 pandemic in March, dealers have been closely monitoring inventory levels in relation to the fluctuating volume of demand...
Peter Welch on Black Representation Among Dealer Body, ‘Absolutely Room For...
Homer B. Roberts was the first African-American new car dealer beginning in 1923 according to research conducted by historyofaacardealers.com. Roberts opened the gate for...
NIADA’s President Steve Jordan Delivers Positive Updates for the Used Vehicle...
On today’s featured CBT News interview we’re very pleased to welcome Steve Jordan, President and CEO of The National Independent Automobile Dealers Association (NIADA)...
CBT News Market Update: Jessica Caldwell, Edmunds & Mark Conner, LotLinx
Recent CBT News MarketCenter powered by LotLinx data has found that the 2020 SAAR as of July 21, 2020, is 11,457,857 units, compared to 13,104,082 at...