CBT News | Automotive Industry | Dealership News
WEB5 days ago — Your #1 source for auto industry news, content, and analysis. Read articles that help your car dealership thrive.
Understanding the latest dealership profit forecasts - CBT News
WEBApr 5, 2024 — Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context of the broader themes impacting the industry.. I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us. Coming off last week’s New York Auto Forum, J.D. Power reported that 2024 dealer profits were projected to be about ...
CBT News celebrates 11th anniversary with exclusive streaming …
WEBATLANTA, Georgia (December 22, 2023) — In celebration of its 11th anniversary, CBT News, the auto dealer community’s No. 1 resource for industry insights and news coverage, is now the first and only retail automotive industry news platform now streaming in over 70 million households on Roku, AppleTV, and iOS and Android mobile devices. Starting today, 85% of American households who own a ...
CDK Global cyberattack disrupts operations at 15,000 dealerships
WEBJun 20, 2024 — CDK Global, a major software provider to auto dealerships in the U.S., has been hacked, forcing the company to shut down temporarily.
NAMAD President Damon Lester shares his bold agenda for 2021
WEBJan 11, 2021 — 2020 was a rollercoaster year for many minority dealers. To continue the conversation regarding diversity in automotive and to look ahead at 2021, we spoke with Damon Lester, President of the National Association of Minority Automobile Dealers or NAMAD. For those who are unfamiliar, the association advocates for diversity and inclusion throughout the automotive industry.
NADA Updates and Show Coverage - CBT News
WEBCBT News brings you top highlights and interviews from the NADA Show. As well as important updates from top officials at the association. Tune-in for the latest from the National Auto Dealers Association.
2024 Market Outlook: EVs secure a permanent position as local ...
WEBJul 31, 2024 — The midyear update of the 2024 Market Outlook Report from the Dave Cantin Group and Kaiser Associates emphasizes that electric vehicles (EVs) are becoming a permanent fixture in the automotive industry while local dealerships face uncertain futures. The report highlights key market trends and forecasts significant changes …
Emerging trends in the automotive industry: Predictions for the …
WEBAug 13, 2024 — Staying updated on emerging trends, technological advancements, changing consumer preferences, and global economic shifts is crucial for automotive industry professionals who aim to remain competitive and foster innovation.
Carvana posts record-breaking Q1 profits after aggressive …
WEBMay 2, 2024 — In the months since, Carvana has taken aggressive steps to restructure its business model and improve profitability. For instance, compared to the unsustainably high levels of supply it carried throughout 2022 and 2023, the company now has some of the lowest inventory levels in the industry.
Dealership sustainability: implementing eco-friendly practices in ...
WEBOct 26, 2023 — Lost Pines Toyota, near Austin, TX, takes sustainability to the next level.It proudly highlights its status as a LEED Gold-Certified Business and a “Commitment to Green Initiatives.” These efforts include using more than 700 solar panels that yield a 60% energy offset, the equivalent of removing almost 255 tons of …