Average price of a new car is almost $50,000! This, combined with general inflation, is leading to consumer fatigue. We sat down with Dennis Gingrich, Finance Director at the The Niello Company, to talk more about what we're seeing in the market! Full Interview: https://lnkd.in/edcfh2FC #affordability #newcar #dealership #auto
CBT News
Online Audio and Video Media
Norcross, Georgia 11,958 followers
Your #1 Source for Auto Industry News and Content
About us
CBT News is a multimedia platform where top dealership professionals go to stay ahead and learn how to sell and service more vehicles more profitably. Automotive industry professionals learn the latest automotive news, sales and management training, best practices and so much more. In addition to providing the latest automotive news and in-depth interviews with industry leaders, CBT News also hosts weekly shows featuring the nation’s top automotive trainers and consultants, covering all departments of the dealership including sales, fixed ops, parts, management, leasing, and finance. CBT News was created to deliver daily content that dealers can count on for help in running their dealerships better. If you are looking for a community where you can learn the latest auto news and get ahead in the car business, subscribe today.
- Website
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http://www.cbtnews.com
External link for CBT News
- Industry
- Online Audio and Video Media
- Company size
- 11-50 employees
- Headquarters
- Norcross, Georgia
- Type
- Privately Held
- Founded
- 2012
- Specialties
- Broadcasting, Retail Automotive, Online Media, Reporting, Automotive News, Car sales, Car dealer, car company, dealership, and Automotive Industry
Locations
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Primary
420 Technology Pkwy NW
Suite #200
Norcross, Georgia 30092, US
Employees at CBT News
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Shyann Malone
On Air Host
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Tom Stuker
Founder @Automotive Network Training | Automotive Sales & Management Expert | BDC Concept Founder | Author & TV Personality | Transforming…
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Bridget Fitzpatrick
Co-Founder of CBT News | Co-Founder of ASBN | Host of The Female Founder Show | Media Entrepreneur
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Chris Riggins
Creative Video Professional
Updates
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Keating Automotive Group, which operates 30 dealerships across Texas, was hit hard by two major disruptions in recent weeks. ➊ June 19: CDK cyberattacks on dealership DMS ➋ July 8: Hurricane Beryl struck causing significant damage and power outages. https://bit.ly/3zB83xU
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BMW iX tops Consumer Reports’ best EV list! They tested around 50 EVs this year, evaluating their performance, range, comfort, and quality. Only 14 made the final cut, with a notable presence of Korean and German cars and just one Tesla. https://bit.ly/3Y0lOQJ
BMW iX tops Consumer Reports' best EV list, only one Tesla makes the cut
https://www.cbtnews.com
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CDK Global CEO, Brian MacDonald, acknowledged the challenges posed by the cyberattacks and assured dealerships of forthcoming financial relief. https://bit.ly/3Ln1Dou
CDK Global CEO promises financial compensation after cyberattacks
https://www.cbtnews.com
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In 2023, Ferrari discovered and destroyed OVER 400,000 counterfeit items! • 100,351 clothing items • 91,229 pairs of glasses • 60,903 watches • 30,161 shoes • 3 vehicles The list goes on... Watch this week's Future of Automotive with Steve Greenfield to hear more about this ongoing issue. Full Interview: https://bit.ly/4cY5N1M
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UAW President raises concerns over Biden’s re-election chances Despite the union’s endorsement, Fain’s apprehensions reflect growing unease within the UAW about Biden’s re-election prospects. https://bit.ly/3S0LvNq
UAW President raises concerns over Biden's re-election chances
https://www.cbtnews.com
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▼ Check out today's top headlines! ▼ • UAW President raises concerns over Biden’s re-election chances • CDK Global CEO promises financial compensation after cyberattacks • BMW iX tops Consumer Reports’ best EV list, only one Tesla makes the cut • Keating Automotive Group grapples with Hurricane Beryl’s aftermath and cyberattack disruptions
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Vehicle affordability continues to be a pressing concern for many consumers and dealers. We’re joined by Dennis Gingrich, Sales and Finance Director at the The Niello Company, to discuss what he’s seeing in his markets. Full Interview: https://bit.ly/4cFi8IE
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The Hyundai-Amazon pilot program is expanding, adding more dealers to the initiative. However, there are still significant challenges... We sat down with Andrew Wright, Managing Partner at Vinart Dealerships, to hear his thoughts on the rollout. Full Interview: https://lnkd.in/exirQYjf #amazon #hyundai
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IBAT made a significant breakthrough in the clean-energy transition by becoming the 1st company to produce lithium commercially using a novel filtration technology. This is expected to lower costs and accelerate the supply of lithium for EV batteries. https://bit.ly/3XZ8kEN
IBAT achieves milestone in lithium production with novel filtration technology
https://www.cbtnews.com