CBT News | Automotive Industry | Dealership News
WEBSep 30, 2024 — Ford saw a modest 0.7% increase in sales, while Stellantis reported a sharp 20% decline, underscoring the disparity in market performance. Ford’s third quarter U.S. sales reached 504,039 vehicles, a slight rise from 500,504 in the same period last year. The company’s flagship F-Series trucks saw a 4% sales boost, and its affordable compact ...
Toyota shifts focus to hybrid-only lineup, challenging industry’s EV ...
WEBAugust 15, 2024. Traditionally slow to embrace electric vehicles (EVs), Toyota is now taking bold steps to transition most, if not all, of its Toyota and Lexus models to hybrid-only versions. This move aligns with the automaker’s broader strategy to diversify its vehicle offerings rather than fully committing to an all-electric future.
CDK Global Acquires Digital Retail Platform Roadster - CBT News
WEBBy CBT News. June 3, 2021. CDK Global has just acquired digital retail platform Roadster. Today, we’re pleased to welcome Joe Tautges, Chief Operating Officer of CDK Global and Andy Moss, Founder and CEO of Roadster to discuss the details of the acquisition. Read the official press release here.
GM sees EV growth amid sales dip, Port strikes threaten supply …
WEB5 days ago — GM reports robust EV growth amid a slight Q3 sales decline. Read More. East and Gulf Coast port strike threatens automotive supply chain. Read More. Vance and Walz debate clean energy, manufacturing, and U.S. competitiveness in Vice Presidential clash. Read More. Kia sets new record for EV sales in September, led …
Mike Maroone's insights on EVs, affordability, expansion, …
WEBNov 28, 2023 — 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 in a post-pandemic market, dealers continue implementing new …
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WEBWeekly roundup: UAW warns Stellantis strike, Auto industry backs Inflation Reduction Act, Ford revises EV strategy. CBT News - August 23, 2024. 1 2 3... 117 Page 1 of 117. Our Industry News Category. Here you can sort by and find all of our interviews and articles for the latest automotive industry news.
Latest Automotive Industry Headlines - CBT News
WEBJuly auto sales report: Honda, Hyundai, Mazda, and Subaru see growth; Toyota and Kia experience declines.
Brookfield enters formal agreement to acquire CDK Global in multi ...
WEBApril 7, 2022. Automotive Ventures CEO Steve Greenfield recaps this breaking news bulletin. Together with institutional partners, Brookfield Business Partners (collectively “Brookfield”) have entered into a formal agreement to purchase CDK Global, a leading automotive retail technology firm, for a total enterprise value of $8.3 billion.
CDK Global cyberattack disrupts operations at 15,000 dealerships
WEBBy CBT News. June 20, 2024. CDK Global, a major software provider to auto dealerships in the U.S., has been hacked, forcing the company to shut down most of its systems temporarily. This cyberattack effectively halted sales operations at approximately 15,000 car dealerships, including those under General Motors, Group 1 Automotive, and Holman.
Fixed-Ops News for Car Dealerships | CBT Automotive Industry News
WEBMay 23, 2017 — The Niello Company’s winning retention strategy for the service departments – Tully Williams. Jaelyn Campbell - May 23, 2024. 1 2 3... 49 Page 1 of 49. Your go-to source for dealership service departments that seek to stay on top of the latest trends and best practices in fixed-ops.