Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Patrick Coleman, President of Jim Coleman Automotive Group where we discuss: How hes winning in a saturated market with 9 dealerships, His secret weapon for used inventory acquisition, Is Cadillac poised for a massive rebound? and much more.
This episode of the Car Dealership Guy Podcast is brought to you by:
CDK Global - CDK will once again be streaming its annual industry conference CDK Connect 2024 on October 22.
This year’s virtual CONNECT conference will feature CDK’s latest product innovations, a keynote from CEO Brian MacDonald, and live breakout sessions focused across all operations of the dealership.
You can register for CDK CONNECT at the link in our notes below or by visiting http://CDK.com/Connect
CDG Recruiting - Building on the success of my industry job board, I’m launching CDG Recruiting — a more hands-on, white-glove automotive recruiting service. Our team has decades of experience and has successfully placed over 1,000 roles in the automotive industry. So if you’re ready to find your next rockstar employee, try CDG Recruiting today by visiting cdgrecruiting.com
The Lasso - The best way to get multiple offers for your car. Learn more @ https://www.thelasso.com/
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Topics:
(00:00:00) - Intro
(00:01:36) - Patrick’s background and career
(00:08:24) - How do you differentiate yourself in this market?
(00:11:06) - How are you redeploying capital?
(00:13:15) - The state of Nissan and pursuing acquisitions
(00:18:03) - Building culture within a dealership
(00:20:24) - Dealership operations
(00:25:26) - Autotech
(00:27:52) - The state of the market
(00:30:53) - What brands have the most upside in the next two years?
(00:33:53) - Thoughts on EVs
(00:35:33) - How do you think about future-proofing the business?
(00:40:00) - What’s exciting to you these days?
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