Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Len Short, co-founder of Lotlinx where we discuss: The secrets to dealership profitability, racing Porsches with VCs, Markdown doom loops, Is there a crystal ball for aged inventory? and much more.
This episode of the Car Dealership Guy Podcast is brought to you by:
Cars Commerce - The platform to simplify everything about buying and selling cars. Learn more at https://www.carscommerce.inc/
Withum - Withum is a forward-thinking, technology-driven advisory and accounting firm, helping clients to be in a position of strength in today’s complex business environment. Learn more at - https://www.withum.com/warranty
Lotlinx - Get the best possible market advantage on every vehicle transaction. Optimize operations and boost profits using artificial intelligence (AI) and machine learning. Learn more @ https://lotlinx.com/
Car Dealership Guy News - The #1 source for concise and unbiased car industry news. Stay informed with the most relevant and interesting stories by visiting https://cdg.news
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Topics:
(00:00:00) - Intro
(00:00:53) - Len’s previous life selling Porsche’s
(00:02:51) - Len’s career in auto
(00:06:25) - Founding LotLinx
(00:12:41) - Are dealers here to stay long-term?
(00:16:17) - What problems are you solving today at LotLinx?
(00:25:46) - How much has the business scaled?
(00:28:07) - Why are new cars being mismanaged?
(00:29:56) - Will OEMs take more inventory risk?
(00:38:39) - What’s next for the business?
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