CBT News | Automotive Industry | Dealership News
4 days ago · Your #1 source for auto industry news, content, and analysis. Read articles that help your car dealership thrive.
| CBT News
Oct 8, 2024 · This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Pete MacInnis on the impact of the Fed's rate cuts and the future …
Oct 15, 2024 · On this episode of Inside Automotive, we sit down with Pete MacInnis, CEO of eLEND Solutions, to discuss the Federal Reserve’s recent interest rate cut and its implications for the automotive industry.As financing challenges persist, MacInnis offers expert insights on how dealers, lenders, and consumers can navigate the evolving financial landscape.
CDK Global progresses cyberattack recovery with key dealers back …
Jul 1, 2024 · CDK Global made significant strides in its cyberattack recovery efforts, bringing a second small group of dealer customers and a major public dealership group back online on June 27. The company is adopting a phased approach to restore its systems, ensuring gradual and secure reintegration.
Feldman Automotive Group CEO discusses Stellantis expansion …
Sep 23, 2024 · Feldman Automotive Group recently closed on the acquisition of its newest location in Livonia, Michigan. Jay Feldman, the chairman and CEO of Feldman Automotive Group, joins us on today’s episode of Inside Automotive to discuss the group’s strategic vision, current industry challenges, and why Stellantis remains a key part of Feldman’s expansion.
EV credits – Are they worth it?
Aug 21, 2023 · Critics argue that EV credits benefit higher-income individuals, exacerbating existing socio-economic disparities, and may lead to a loss in tax revenue, potentially burdening taxpayers who don’t benefit from the credits.
CDK Global responds to cyber attacks, provides dealer support
Jun 22, 2024 · The ongoing cyber attack on CDK Global underscores the growing complexity and impact of cybersecurity threats on businesses. As part of CDK Global’s ongoing response, the company has created a Dealer Resource Center (DRC) to help dealerships maintain operations while their systems are being recovered. The company also encourages dealers to access CDK University for necessary training and ...
Stellantis denies merger rumors amid growing industry …
Oct 11, 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. Italian newspaper, Il Sole 24 Ore, reported last week that talk of a merger between Stellantis and Renault Group has ...
NADA and FTC spar over CARS rule in U.S. appeals court
Oct 10, 2024 · On October 9, a U.S. appeals court examined the challenge by the National Automobile Dealers Association (NADA) and the Texas Automobile Dealers Association against the Federal Trade Commission’s (FTC) CARS Rule. The rule, designed to curb deceptive dealership practices, such as bait-and-switch advertising and undisclosed finance and insurance (F&I) products, has become a point of contention ...
Tom Maoli addresses the impact of CDK Global cyberattacks on …
Jun 24, 2024 · In the ever-evolving landscape of automotive retail, the recent cyberattacks targeting CDK Global have sent shockwaves through the industry, leaving thousands of dealerships grappling with operational challenges and financial uncertainties. Among those deeply impacted is Tom Maoli, the seasoned President and CEO of Celebrity Motor Car, whose firsthand experiences shed light on the magnitude of ...