

#44 Making millions from Parts & Service, Dealership incentives, Economic concerns, Record profits and Daryl’s favorite auto franchises | Daryl Kenningham, CEO at Group 1 Automotive
Dec 19, 2023
CEO at Group 1 Automotive discusses the founding story of the company and their success in maximizing dealership parts and service, incentives, and profitability. They explore the challenges of transitioning from the OEM side to the dealership side and the value of dealerships in providing long-term customer service. They also discuss the advantages of being a larger dealership group and the factors affecting affordability in the automotive industry.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 3min
From OEM to Retail: Challenges and Growth in the Dealership Industry
02:55 • 3min
OEM vs Dealership Side
05:41 • 12min
The Value of Dealer Network
18:06 • 16min
Decentralized Processes and Empowering Local Operators in a Car Dealership
34:17 • 3min
Benefits of Being a Bigger Dealership Group
37:05 • 6min
Factors Affecting Affordability in the Automotive Industry
42:51 • 9min