CBT News | Automotive Industry | Dealership News
1 day ago · 10 essential tips for successfully selling your dealership– Sheldon Sandler | Bel Air Partners. CBT News - October 24, 2024. Dave Cantin Group’s Jump IQ Named “Dealership Solution Of The Year” In 2024 AutoTech Breakthrough Awards Program. NEW YORK, October 9, 2024 – The Dave Cantin Group’s Jump IQ software was named “Dealership ...
Used vehicle market stabilizes amid fluctuating inventory and …
11 hours ago · The average price difference between used hybrids and ICE vehicles has widened to $7,000, up from $4,300 at this time last year. Increased demand for hybrids, coupled with limited supply, is pushing prices higher in the used market. Interestingly, used hybrid pricing is now approaching levels seen in the battery electric vehicle (BEV) market ...
Auto credit availability improved across all channels in October
12 hours ago · By Jasmine Daniel. November 12, 2024. The Dealertrack Credit Availability Index showed a rise in auto credit availability across all channels and lender types in October. The All-Loans Index reached 94.5, marking a 2.2% increase from September. However, it remains down 2.1% year-over-year.
BYD is on a record run to challenge Ford’s annual sales target
1 day ago · November 11, 2024. BYD's CEO Wang Chuanfu. BYD continues to gobble up market share in China, overtaking foreign brands, and Ford is next on the hit list. The automaker is poised to outperform Ford’s annual sales target by the end of the year, a feat that would not only solidify BYD’s reputation but also significantly disrupt the automotive ...
Toyota warns California’s EV mandates could limit customer choice ...
1 day ago · Without changes to the current EV mandates, Toyota warns that the automotive market will face disruption, forcing automakers to shift their focus away from consumer demand in favor of regulatory compliance. Hollis concluded by noting that, if left unchanged, the mandates could result in what he described as “unnatural acts” in the industry.
Hyundai and Kia drive double-digit sales surge in U.S. for October
Nov 1, 2024 · This is the third consecutive month of growth, with both companies achieving double-digit increases. Hyundai and Kia are delivering record sales once again. Both automakers reported that they drove record U.S. new-vehicle deliveries in October. The driving force behind these incredible numbers was the high demand for electric and hybrid models.
CBT News celebrates 11th anniversary with exclusive streaming …
ATLANTA, 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 ...
The Future of Automotive Show - CBT News
Welcome to the Future of Automotive, a forward-thinking and dynamic show that looks ahead at emerging automotive industry trends and insights. Hosted by Automotive Ventures founder Steve Greenfield, this weekly show offers a thoughtful exploration of cutting-edge automotive technology, including electric vehicles, autonomous driving, connected ...
EV sales set to break records, SUVs undermine reductions in …
Nov 28, 2023 · Executive Profile Mike Maroone’s insights on EVs, affordability, expansion, attracting and retaining talent, succession, and much more The auto industry has experienced several ongoing changes in the five years since CBT News host Jim Fitzpatrick last spoke with industry legend and former AutoNation Executive Mike Maroone in Colorado Springs, Colorado. For the industry to survive […]
Inside Automotive | CBT Automotive Network - CBT News
Inside Automotive is a groundbreaking network show that offers a captivating blend of dealership news, automotive retailing best practices, and cutting-edge industry insights from top executives and analysts. Featuring trailblazing industry insiders, this show offers a comprehensive look into the latest happenings within dealerships ...