CBT News | Automotive Industry | Dealership News
WEB3 days ago · This move comes as pedestrian fatalities in the U.S. continue to rise, with 7,522 pedestrians killed in 2022—a 0.7% increase from the previous year and the highest number since 1981. Injuries among pedestrians also rose by 11%, while cyclist fatalities surged 13% to 1,105, marking the highest figure since at least 1980.
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 …
Citian secures investment for AI-driven transportation technology …
WEBMar 1, 2024 · The thesis of the fund is to invest in the next wave of innovation in transportation technology. Citian is focused on solving a real, validated need at the intersection of AI, Analytics and Process Automation and has the potential to fundamentally improve how pedestrians and vehicles move within cities. Citian’s mission, vision, and …
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.
GM cuts natural gas use by 30% at Fort Wayne plant, saving
WEBAug 15, 2024 · General Motors has achieved a significant milestone in energy efficiency, reducing natural gas consumption by 30% at its Fort Wayne, Indiana, assembly plant compared to a 2019 baseline. The innovative project, which repurposes waste heat from gas-powered generators to heat the facility and protect emergency sprinkler systems from freezing, earned GM recognition from the U.S. Department of ...
Retail Automotive Headlines - CBT News
WEBRivian rolls out major software update with ‘Launch Mode’ and enhanced features. CBT News - September 4, 2024. 1 2 3... 752 Page 1 of 752. 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.
Shift Technologies stops used-car sales, announces bankruptcy plan
WEBOctober 9, 2023. Online used-car dealer Shift Technologies is closing operations and filing for Chapter 11 bankruptcy, according to a company press release. Founded in 2014, California-based Shift Technologies sold preowned vehicles throughout the U.S. via the internet. Like other online used-car dealers such as Carvana, the company faced ...
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.
Beyond autonomous driving: Exploring cutting-edge technologies ...
WEBSep 22, 2023 · Cutting-edge technologies like predictive analytics, connected cars, and even AR are increasing safety and performance. However, these new technologies can also give dealers something very valuable: crucial insights into consumer preferences. These technologies can help dealers improve the driver experience 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 ...