CBT 07/19/23 Newsletter

After slow rollout, GM promises to ramp up production of its newer EVs

In the year’s second half,?General Motors?promises to accelerate the production of its more recent?electric vehicles?as it seeks to obtain more battery modules required to produce those vehicles. (LEARN MORE)

Rivian to receive massive tax breaks in Georgia after appeal attempt fails

A lawsuit opposing tax incentives for a new Georgia factory proposed by?Rivian?hit a roadblock on July 14 when the state supreme court?refused?to hear an appeal in the case, reaffirming the validity of the state’s tax break offer. (LEARN MORE)

The Zeigler Auto Group acquires Elhart Automotive after nearly six decades

According to Jeff Elhart , on July 12, the Elhart?Automotive Campus?transitioned to the Zeigler?Auto Group. (LEARN MORE)

Prince Toyota dealership donates $5,000 to Tifton medical foundation

The?Prince Toyota?dealership of Tifton, Georgia, has?donated?$5,000 to the?Tift Regional Medical Center (TRMC) Foundation?to help the organization provide better care for its patients. (LEARN MORE)

Enhancing fixed ops performance with BDC software — Ujj Nath | myKaarma

When it comes to entrusting your dealership's fixed operations to a business development company or BDC, it's?important to partner with the right vendors. On?Inside Automotive,?Ujj Nath, CEO?for?myKaarma, an industry-leading communication and payments operating system, discusses the efficiency-boosting effects of technology on BDCs.

Why auto industry trendsetters are focused on these 3 things

The more things change, the more they stay the same, especially with?today’s car dealers. People still purchase cars despite rising interest rates, inventory challenges, and changing buying habits.?A new report from CDK Global captured these dynamics while getting insight from innovative car dealers who aren’t happy resting on laurels. CDK calls these individuals “trendsetters;” they represent almost half of the 311 dealership department heads and?managers surveyed.

Perfect the art of decision-making for dealership management success

For those?in a managerial role at an auto dealership, it seems like an endless barrage of decisions. The fast-paced, dynamic environment brings a slew of decisions at every turn, and navigating through them effectively can make or break your success.?Let’s investigate the common challenges that auto managers face, information overload, lack of clarity, and decision paralysis, and provide practical strategies to conquer them. Doing so can empower you to master the art of decision-making, enhance your dealership’s operations, and drive toward success.

CBT Cartoon of the Day