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Car Dealership Guy Podcast
#99 The Car Ad Maverick: Secrets to dealership profitability, Racing Porsches with VCs, is there a crystal ball for aged inventory? | Len Short, Co-founder of Lotlinx
Jul 9, 2024
Len Short, co-founder of LotLinx, shares insights on dealership profitability secrets, racing Porsches with VCs, aged inventory crystal ball. Topics cover agile new car sales, blending tech with dealerships, AI for inventory management, and the impact of consumer preferences on car retail.
44:46
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Quick takeaways
- Utilizing AI for inventory management can lead to higher profits and efficiency in the car business.
- Resilience and adaptability are key traits for car dealers to navigate industry challenges and achieve sustained success.
Deep dives
Challenges in New Car Businesses
New car businesses face significant challenges with increasing inventory leading to longer selling times and reduced profits. Affordability and inventory mismanagement are key issues affecting these businesses.
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