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Car Dealership Guy Podcast

Latest episodes

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Oct 3, 2024 • 1h 1min

#124 How to turn around a failing dealership, Becoming a top 5 Kia Dealer in the US, Testing his sales team on-air! | Raul Gomila, GM/Partner of City Kia

Welcome to the Car Dealership Guy Podcast! In this episode, I sit down with Raul Gomila, GM/Partner of City Kia, to reveal how he turned a dealership losing $1M a year into a top performer. We dive into the strategies that made him a top 5 Kia dealer in the country, pressure-test his BDC team live, and much more.This episode of the Car Dealership Guy Podcast is brought to you by:TransUnion — helping dealers deliver the seamless, personalized transactions today’s car shoppers expect. Learn more at www.transunion.com/cardealershipguyDLRdmv - With DLR50, your dealership now has 24/7 portal access to calculations, pre-filled forms, checklists, inquiries, plus white glove processing and specialist support. Visit https://www.dlr50.com/ to learn more.CDG Recruiting - a more hands-on, white-glove automotive recruiting service with decades of experience successfully placing over 1,000 roles in the automotive industry. Try CDG Recruiting today by visiting cdgrecruiting.comInterested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:02:41) - Raul’s background and career(00:15:08) - Dealership Culture and operations(00:32:24) - Recon Centers(00:36:54) - The impact of the Hispanic community(00:42:59) - How do you approach social media?(00:49:41) - Thoughts on the Florida market(00:54:03) - Advice and comments for Kia(00:58:03) - Closing thoughtsCheck out Car Dealership Guy’s stuff:CDG News ➤ https://news.dealershipguy.com/CDG Jobs ➤ https://jobs.dealershipguy.com/CDG Recruiting ➤ https://www.cdgrecruiting.com/My Socials:X ➤ https://www.twitter.com/GuyDealershipInstagram ➤ https://www.instagram.com/cardealershipguy/TikTok ➤ https://www.tiktok.com/@guydealershipLinkedIn ➤ https://www.linkedin.com/company/cardealershipguy/Threads ➤ https://www.threads.net/@cardealershipguyFacebook ➤ https://www.facebook.com/profile.php?id=100077402857683Everything else ➤ dealershipguy.comThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Oct 1, 2024 • 56min

#123 Investing $9B in the next-gen of automotive disruptors, From dealer to venture capital giant, the rollercoaster of investing in Rivian | Bill Cariss, CEO of Holman Strategic Ventures

Welcome to the Car Dealership Guy Podcast! In this episode, I sit down with Bill Cariss, CEO of Holman Strategic Ventures, to discuss how he's deploying $9 billion into the next generation of automotive disruptors, his journey from car dealer to venture capital giant, the rollercoaster experience of being an early investor in Rivian, and much more.This episode of the Car Dealership Guy Podcast is brought to you by: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/Uber for Business - With Central, you can request a ride on behalf of your customers even if they don’t have the Uber app. If you’re ready to reduce the costs associated with maintaining shuttles and limit the liability of loaner vehicles, it's time to partner with Uber. Visit t.uber.com/CDGauto today CDG Recruiting - a more hands-on, white-glove automotive recruiting service with decades of experience successfully placing over 1,000 roles in the automotive industry. Try CDG Recruiting today by visiting cdgrecruiting.comInterested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:01:49) - Bill’s background and career(00:12:31) - What are you paying attention to in the evolution of dealership technology?(00:15:57) - The state of the auto tech market(00:19:19) - Should dealers invest in Venture?(00:23:13) - The impact of FM Capital(00:26:03) - What does it take to succeed as an Autotech business?(00:31:49) - EVs vs. Hybrids(00:34:39) - Will we see a world where 3 or 4 players control every piece of software?(00:38:09) - What are the biggest risks dealers face right now?(00:43:16) - What’s your secret to deal flow?(00:48:27) - Mentorship(00:51:00) - What is the industry's biggest challenge over the next 3-9 months?Check out Car Dealership Guy’s stuff:CDG News ➤ https://news.dealershipguy.com/CDG Jobs ➤ https://jobs.dealershipguy.com/CDG Recruiting ➤ https://www.cdgrecruiting.com/My Socials:X ➤ https://www.twitter.com/GuyDealershipInstagram ➤ https://www.instagram.com/cardealershipguy/TikTok ➤ https://www.tiktok.com/@guydealershipLinkedIn ➤ https://www.linkedin.com/company/cardealershipguy/Threads ➤ https://www.threads.net/@cardealershipguyFacebook ➤ https://www.facebook.com/profile.php?id=100077402857683Everything else ➤ dealershipguy.com
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Sep 26, 2024 • 1h 2min

#122 Transforming a dealership group into a TikTok famous powerhouse, How dealership marketing is evolving, Building the world's largest Honda store | Ryan Rohrman, CEO of Rohrman Auto Group

Welcome to the Car Dealership Guy Podcast! In this episode, I chat with Ryan Rohrman, CEO of Rohrman Auto Group. We dive into topics like transforming a dealership group into a TikTok powerhouse, achieving over 4 million views on a TikTok video, building the world’s largest Honda store, and much more!This episode of the Car Dealership Guy Podcast is brought to you by:TransUnion — helping dealers deliver the seamless, personalized transactions today’s car shoppers expect. Learn more at www.transunion.com/cardealershipguyCars Commerce - The platform to simplify everything about buying and selling cars. Learn more at https://www.carscommerce.inc/CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships. Learn more @ https://www.cdkglobal.com/dealership-xperience-platformInterested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:02:02) - What drove you to go all in on social media?(00:04:58) - Ryan’s career in auto(00:14:45) - How are you getting to know your customers?(00:18:35) - What does your tech stack look like?(00:27:25) - Are you using AI tools?(00:33:19) - Dealership fundamentals(00:42:40) - Why did you decide to train your team on social media?(00:46:51) - Will the winning dealerships be staffed by micro-influencers?(00:53:33) - How is business right now?(00:54:55) - How are you combating affordability?(01:00:58) - Closing thoughtsCheck out Car Dealership Guy’s stuff:CDG News ➤ https://news.dealershipguy.com/CDG Jobs ➤ https://jobs.dealershipguy.com/CDG Recruiting ➤ https://www.cdgrecruiting.com/My Socials:X ➤ https://www.twitter.com/GuyDealershipInstagram ➤ https://www.instagram.com/cardealershipguy/TikTok ➤ https://www.tiktok.com/@guydealershipLinkedIn ➤ https://www.linkedin.com/company/cardealershipguy/Threads ➤ https://www.threads.net/@cardealershipguyFacebook ➤ https://www.facebook.com/profile.php?id=100077402857683Everything else ➤ dealershipguy.comThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Sep 24, 2024 • 33min

#121 The imminent evolution of AI in car dealerships, Best uses cases of AI in dealerships, How he's transforming 50% of US franchise dealers | Devin Daly, Co-Founder & CEO of Impel

Devin Daly, Co-Founder & CEO of Impel, shares insights on the transformative power of AI in car dealerships. He discusses how AI is reshaping customer engagement and operational efficiency, particularly after his recent $100M acquisition. The conversation dives into the best AI use cases, the importance of consumer data, and the integration of multiple AI tools for improved customer retention. Daly also tackles industry challenges like cybersecurity and staffing changes, highlighting the future of automotive retail in a digital age.
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Sep 19, 2024 • 1h 9min

#120 America's most interesting $2.5B car dealer, Future of Ford, Influences of Buddhism, Does legacy matter, His next dealership acquisition? | Vince Sheehy, President of Sheehy Auto Stores

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Vince Sheehy, President of Sheehy Auto Stores where we discuss: America's most interesting $2.5B car dealer, the future of Ford, influences of Buddhism, does legacy matter, his next dealership acquisition and much more!This episode of the Car Dealership Guy Podcast is brought to you by:Upstart - Upstart connects millions of consumers to 100+ banks and credit unions that leverage Upstart’s artificial intelligence models and cloud applications to deliver superior credit products. Their platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small dollar “relief” loans. Learn more @ https://www.upstart.com/OPENLANE - The world’s best online dealer marketplace for used cars, bringing you exclusive inventory, simple transactions, and better outcomes. New to OPENLANE? Sign up now and receive a $350 buy fee credit. Learn more at https://www.openlane.com/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 Interested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:01:59) - Vince’s career from Consumer package goods to automotive(00:07:49) - Advice for family businesses(00:16:19) - Generational wealth(00:20:14) - Buddhism(00:24:49) - Learnings from the Toyota dealer conference(00:29:24) - Fixed absorption & Building dealer reputation (00:33:11)- The Sheehy VIP club(00:40:43) - How do you manage the used side of the business?(00:43:46) - Vince’s management style(00:50:01) - How do you balance new to used inventory?(00:54:21) - How do you spend your days?(00:59:50) - Does this current car market scare you?(01:05:02) - Thoughts on FordCheck out Sheehy Auto Stores here.Check out Car Dealership Guy’s stuff:CDG News ➤ https://news.dealershipguy.com/CDG Jobs ➤ https://jobs.dealershipguy.com/CDG Recruiting ➤ https://www.cdgrecruiting.com/My Socials:X ➤ https://www.twitter.com/GuyDealershipInstagram ➤ https://www.instagram.com/cardealershipguy/TikTok ➤ https://www.tiktok.com/@guydealershipLinkedIn ➤ https://www.linkedin.com/company/cardealershipguy/Threads ➤ https://www.threads.net/@cardealershipguyFacebook ➤ https://www.facebook.com/profile.php?id=100077402857683Everything else ➤ dealershipguy.comThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Sep 17, 2024 • 48min

#119 Secrets of automotive's most controversial business, Tackling 90% in-house financing, Economics of buy here pay here dealerships | Jeff Watson, Owner of IV Seasons Auto

In this discussion, Jeff Watson, owner of IV Seasons Auto, sheds light on the controversial world of automotive financing. He dives into the intricacies of buy here pay here dealerships and how they tackle in-house financing for those often overlooked by banks. Jeff shares his innovative strategies for supporting 'unbankable' customers, the evolving challenges of rising interest rates, and the importance of maintaining strong customer relationships. His insights reveal the dynamic landscape of the automotive industry and the path to success within it.
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Sep 12, 2024 • 40min

#118 Slinging $725M in luxury cars, How he doubled profit per vehicle, Top products sold at dealerships + highest margin brands | Dennis Gingrich, Sales/Finance Director at The Niello Company

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Dennis Gingrich, Sales/Finance Director at The Niello Company where we discuss: How he's selling $725M a year in luxury vehicles, the top backend products and highest margin brands, 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/ConnectCars Commerce - The platform to simplify everything about buying and selling cars. Learn more at https://www.carscommerce.inc/Dealer Image Pro - The in-house photo, video and 360° solution for auto dealers. Learn more at https://www.dealerimagepro.com/Interested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:00:53) - The Zurich Mafia(00:01:50) - Moving from the vendor side to the dealer side(00:05:39) - What are the best-performing dealerships doing from an F&I standpoint?(00:07:32) - What is the size and scale of your organization? (00:10:56) - What brands offer the best and worst F&I profits?(00:13:40) - How have you improved margins at this dealership?(00:19:08) - The 7-day return policy(00:20:32) - Merchandising & CGI(00:27:30) - The in-store sales process and F&I(00:29:48)- Vehicle trends(00:32:12) - What’s your outlook on the industry?(00:33:31) - What concerns you?(00:35:11) - The CARS rule(00:37:53) - What’s exciting to you these days?Check out The Niello Company here.Check out Car Dealership Guy’s stuff:CDG News ➤ https://news.dealershipguy.com/CDG Jobs ➤ https://jobs.dealershipguy.com/CDG Recruiting ➤ https://www.cdgrecruiting.com/My Socials:X ➤ https://www.twitter.com/GuyDealershipInstagram ➤ https://www.instagram.com/cardealershipguy/TikTok ➤ https://www.tiktok.com/@guydealershipLinkedIn ➤ https://www.linkedin.com/company/cardealershipguy/Threads ➤ https://www.threads.net/@cardealershipguyFacebook ➤ https://www.facebook.com/profile.php?id=100077402857683Everything else ➤ dealershipguy.comThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Sep 10, 2024 • 46min

#117 Winning in a saturated maket with 9 dealerships, Secret weapon for used inventory acquisition, Cadillac poised for a massive rebound? | Patrick Coleman, President of Jim Coleman Automotive Group

Patrick Coleman, a third-generation dealer and president of Jim Coleman Automotive Group, shares insights from his extensive career in the automotive industry. He discusses strategies for thriving in a saturated market with nine dealerships and his innovative approach to acquiring used inventory. Patrick also highlights the potential for Cadillac's resurgence in the market and the impact of dealership dynamics on customer service. With his family's legacy in the business, he offers a unique perspective on adapting to industry changes and integrating multiple franchises.
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Sep 5, 2024 • 48min

#116 Largest seller of odd and weird cars in America, Making millions from nostalgia, Secrets to becoming a top seller on Bring a Trailer | Andrew Glaser, Founder & CEO of Vantage Auto

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Andrew Glaser, CEO of Vantage Auto, where we discuss: How he became the #1 seller of interesting, odd, and weird cars in the US, making millions from nostalgia, striking gold in an Indiana barn and much more.This episode of the Car Dealership Guy Podcast is brought to you by: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/DLRdmv - Everyone knows out of state titling is a major headache. It doesn’t have to be this way. Our friends at DLRdmv have created a program called DLR50 - A revolutionary approach to 50 state titling. With DLR50, your dealership now has 24/7 portal access to calculations, pre-filled forms, checklists, inquiries, plus white glove processing and specialist support. You can even acquire duplicate titles in all 50 states directly through the DLR50 platform! Visit https://www.dlr50.com/ to learn more.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.comTopics:(00:00:00) - Intro(00:01:22) - Live from the Maybach! (00:04:22) - Andrew’s background and career(00:07:44) - Doubling down and buying inventory during covid(00:10:05) - Where are you getting your supply today?(00:13:44) - Bring a Trailer(00:17:25) - What do you make on average per car?(00:19:45) - How are you leveraging social media to drive business?(00:25:09) - How else are you making money?(00:27:57) - The economics of restorations(00:30:43) - How recession-proof is this niche?(00:33:44) - How repeatable is your strategy?(00:36:00) - How would you sell a $500k car?(00:37:01) - What’s next for your business?(00:42:44) - Closing thoughtsCheck out Vantage Auto here.Follow Vantage Auto on InstagramCheck out Car Dealership Guy’s stuff:CDG News - https://news.dealershipguy.com/CDG Jobs - https://jobs.dealershipguy.com/CDG Recruiting - https://www.cdgrecruiting.com/Instagram - https://www.instagram.com/cardealershipguy/TikTok - https://www.tiktok.com/@guydealershipX - https://x.com/GuyDealershipLinkedIn - https://www.linkedin.com/company/cardealershipguy/Everything else - dealershipguy.comThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
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Sep 3, 2024 • 46min

#115 The biggest trends in dealership hiring, Demystifying pay plans, Rise of the $1M manager, Hottest automotive roles | Steve Adragna, Partner, CDG Recruiting

Steve Adragna, a partner at CDG Recruiting, dives into the current trends reshaping dealership hiring. He discusses the challenges dealerships face, the rising demand for specialized roles, and the shortage of technicians. Adragna emphasizes the evolving pay structures and the increasing prominence of the $1M manager role. His insights reveal the necessity for swift hiring processes and the transformation of dealership recruitment strategies to adapt to new digital demands.

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