CBT News | Automotive Industry | Dealership News
WEBSep 16, 2024 · The move comes as GM invests approximately $390 million into the Fairfax facility to facilitate the production of the new Chevrolet Bolt EV. "To install new tooling, employees will be placed on a temporary layoff until production resumes in mid-2025," said GM spokesman Kevin Kelly. The affected workers will receive support from the...
About Us - CBT News
WEBFor over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. An expansive, on-demand library of over 5,000 video segments featuring dealership best practices, recommendations, and …
Embracing analog resilience in a digital world: Lessons from CDK …
WEBJun 24, 2024 · When you thought you had everything figured out in customer marketing, communication, and sales, a curveball comes your way. As reported in Automotive News, a cyberattack took down CDK Global’s dealership management system (DMS) this time, leaving thousands of dealerships in the U.S. and Canada scrambling.. CDK Global’s systems, crucial for CRM, sales processing, and inventory management ...
Automotive Digital Retailing - CBT News
WEBAutomotive finance: the adverse impact of declining transparency. Pete MacInnis, founder and CEO of eLEND Solutions - May 16, 2024. 1 2 3... 34 Page 1 of 34. Our Digital Retailing Category. Here you can sort by and find all of our interviews and articles for digital retailing within the automotive industry.
Retail Automotive Headlines - CBT News
WEBCalifornia passes bill to protect domestic abuse survivors in internet-connected vehicles. CBT News - September 11, 2024. 1 2 3... 754 Page 1 of 754. Our Headlines category. Here you can find and sort by all of our interviews and articles that have made the headlines for the retail automotive industry.
Why Dealerships Need To Improve Their Customer Experience
WEBAug 5, 2019 · In fact, 54% of consumers would buy from dealerships who provide better experiences compared to lower prices. This statistic shows that value is a more important factor than quality when consumers are selecting their service providers. Even 97% of dealers agree that the customer’s experience in the service department is important to their ...
Record EV sales in Q2 as new models boost competition and
WEBAug 22, 2024 · According to a recent Kelly Blue Book study, electric vehicle (EV) sales in the U.S. reached new heights in the second quarter of 2024, with 320,463 units sold—a notable 23% increase from the previous quarter and an 11% rise compared to the same period last year. Despite discussions of a potential EV market slowdown, more models are hitting the streets, intensifying competition and ...
Equifax and Cox Automotive partner to tackle rising synthetic …
WEBAug 22, 2024 · It’s the peak summer selling season for auto retailers, and fraud prevention is at the top of minds now more than ever. With synthetic identity fraud attempts against auto lenders increasing by 98% in 2023, Equifax and Cox Automotive’s Dealertrack have teamed up to ensure dealers are aware of the latest and greatest fraud prevention measures across every step of the car buying journey.
Chinese EVs and autonomous tech set to disrupt global …
WEBAug 23, 2024 · First off, today, word that ride-hailing company Uber has announced a partnership with China-based BYD, the largest electric vehicle manufacturer in the world, to increase EV ownership amongst Uber drivers. As part of the agreement, Uber drivers will be offered price discounts and special leasing deals on BYD EVs.
Ford recalibrates EV strategy, cancels electric SUV, and focuses on ...
WEBAugust 22, 2024. Ford is adjusting its electrification strategy, canceling plans for a fully electric SUV in a move that could cost the automaker approximately $1.9 billion. The decision marks a significant shift for Ford, which has been re-evaluating its approach to electric vehicles amid slowing demand and increased competition.
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