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Car Dealership Guy Podcast

Latest episodes

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Jul 30, 2024 • 1h 5min

#105 Secrets of the #1 auto lender, How to scale to 100M customers, What's next for car ownership | Sanjiv Yajnik, President of Financial Services at Capital One

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Sanjiv Yajnik, President of Financial Services at Capital One where we discuss: Secrets of the #1 auto lender, How to scale to 100M customers, What's next for car ownership, 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/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.comCapital One - Dealers are constantly looking for creative ways to drive customer leads, and Capital One is innovating to help. Muse from Capital One Navigator Platform provides the tools dealers need to create personalized touchpoints for customers, connecting a dealer's digital footprint with their physical world. With Muse, dealers can create individual and unique cards that allow their teams to prospect anywhere by sharing their profile page with a customer so the customer can share contact information, get pre-qualified, and search inventory. Get started today by visiting https://carguymedia.com/3WsS50mCar 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://news.dealershipguy.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(00:01:28) - Sanjiv’s background and career(00:10:35) - How were you able to scale to this size?(00:16:10)- How can we solve the affordability crisis?(00:21:39) - The Navigator product(00:25:21) - What trends are you focused on?(00:29:12) - What’s your vision for this “card” for dealers?(00:35:42) - How do you come up with innovative ideas?(00:42:46) - What are you seeing in terms of buying signals from the consumer?(00:45:37) - What’s next for CapitalOne?(00:53:32) - Where do you see the auto industry trending?(01:00:57) - Closing thoughtsCheck out Muse by CapitalOne here.Check out Car Dealership Guy’s stuff:CDG News - https://news.dealershipguy.com/CDG Jobs - https://jobs.dealershipguy.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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Jul 25, 2024 • 39min

#104 Dealer Tech Expert: How car buying is evolving, #1 killer of car deals, Future of dealership tech stacks, Secret playbook to getting a dealership's attention | Chase Abbott, VP Sales at Cox Automotive

Chase Abbott, VP Sales at Cox Automotive with deep expertise in dealership technology, discusses the evolving landscape of car buying and dealer dynamics. He reveals the number one killer of car deals and shares insights on how integrated technologies face cybersecurity challenges. The conversation also highlights the importance of APIs for seamless operations and the role of data in enhancing customer experience. Additionally, he provides a secret playbook for gaining dealership attention and how to navigate the complexities of the auto sales landscape.
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Jul 24, 2024 • 22min

CDG EXCLUSIVE: Bernie Moreno on EV mandates, auto dealerships, digital car titles, and future of America

Bernie Moreno, US Senate candidate, joins the Car Dealership Guy podcast to discuss the car market and why he should be the next Senator from Ohio.Bernie Moreno's campaign website: https://berniemoreno.com/Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.comInterested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3SuismuCheck out Car Dealership Guy’s stuff:CDG News - https://news.dealershipguy.com/CDG Jobs - https://jobs.dealershipguy.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. The views and opinions expressed by Bernie Moreno, a candidate for the United States Senate, during this podcast are their own and do not necessarily reflect the official policy or position of Car Dealership Guy Podcast or its hosts. Car Dealership Guy Podcast does not endorse any political candidate or party. This podcast is intended to provide a platform for open discussion and does not represent an endorsement of Bernie Moreno or their campaign. Listeners are encouraged to independently verify any statements made by the candidate and to consider multiple perspectives when forming their own opinions.
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Jul 23, 2024 • 50min

#103 CDG Market Update: Are inventory levels back to the “new-normal”, Record levels of negative equity, VW drops a $5 Billion bombshell | Jessica Caldwell, Head of Insights at Edmunds

Jessica Caldwell, Head of Insights at Edmunds, discusses market inventory levels, negative equity records, VW's $5 billion investment in Rivian, and the impact of CDK hack. Topics include APRs, record high borrowers with $1,000+ payments, and the challenges of negative equity in the automotive industry.
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Jul 18, 2024 • 48min

#102 Electric Vehicle Expert: Inconvenient truth about electrification, EV tariff costing dealerships $100M/yr, Can the US power grid handle electrifying all cars? | Chris Nihan, President of EVready Energy

Electric Vehicle Expert, Chris Nihan, discusses challenges like EV tariff costing dealerships $100M/yr, US power grid capacity for electrifying all cars. Also talks about dealer frustration with EV technology investment and the importance of optimizing grid for EV adoption.
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Jul 16, 2024 • 42min

#101 Dealership Data Wiz: Beating the algorithm to sell cars, How to "sell to zero", Where A.I. is actually adding value | Jeremy Nowling, Head of Digital Retailing, Rohrman Auto Group

Jeremy Nowling, Head of Digital Retailing at Rohrman Auto Group, discusses beating algorithms to sell cars, adapting to catastrophe, where A.I. adds value in dealerships. Topics include leveraging technology, innovative approaches in car dealership tech, customer experience enhancement, impact of A.I. tools, trends in the automotive market, and future plans at Rohrman Auto Group.
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Jul 11, 2024 • 37min

#100 The Auction Visionary: Selling 1.3 million cars a year, Why the gap between buyers/sellers is widening, Buying cars at 2:00 AM? | Shiv Dutt, President, U.S. Marketplace at OPENLANE

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Shiv Dutt, President, U.S. Marketplace at OPENLANE, where we discuss: Wholesaling 1.3M cars a year, buying cars at 2:00 AM, why the gap between buyers and sellers is widening 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/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.newsOPENLANE - National reach, comprehensive inspections, and a range of inventory, from dealer trades to commercial and off-lease exclusives. Learn more at https://openlane.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(00:01:20) - Shiv’s background and career(00:03:25) - What was the most antiquated thing you saw in the auto industry when you started?(00:06:37) - What’s the state of wholesaling today?(00:08:08) - What does OpenLane do today?(00:10:58) - What’s your digital thesis?(00:12:57)- What trends are you seeing in the wholesale marketplace economy?(00:23:13) - What are you seeing from an economic perspective?(00:29:35) - How does OpenLane 10x from here?Check out OPENLANE here.Check out Car Dealership Guy’s stuff:CDG News - https://news.dealershipguy.com/CDG Jobs - https://jobs.dealershipguy.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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Jul 9, 2024 • 45min

#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

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.
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Jul 4, 2024 • 46min

#98 The Dealership Mogul: Leading a $2B dealer group, Addictions to the dealership, Will November make or break the car biz? | Aaron Zeigler, President of Zeigler Auto Group

Aaron Zeigler, President of Zeigler Auto Group, discusses leading a $2B dealer group, acquisition strategy, exciting franchises, state of Stellantis, dealership market outlook, pent-up demand for new vehicles, marketing approach, challenges in the industry, and the impact of underproduction on car sales.
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Jul 2, 2024 • 57min

#97 The Auto Tech Whisperer: The Next $300M Exit, Future of dealership technology, Rise of “vulture capitalism” | Mark Boyd, CEO of Boyd Ventures

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Mark Boyd, a prolific automotive tech entrepreneur where we discuss: the next $300m auto tech exit, Why great ideas don’t = success, should dealers incubate tech startups? And the rise of “vulture capitalism”.This episode of the Car Dealership Guy Podcast is brought to you by:Private Auto - The safest way to buy vehicles privately. Use code ‘CDG’ to list your car for free. Learn more @ https://privateauto.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.newsInterested 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(00:00:31) - Introducing Mark(00:02:51) - Mark’s career in auto(00;12:50) - Where will value be created over the next 5 years in the industry?(00:15:10) - Customer Data platforms(00:18:45) - What’s exciting to you in Auto tech right now?(00:22:53) - What are some key themes you’re focused on as an Auto tech investor?(00:27:29) - Is it smart for dealerships to incubate technology in-house?(00:35:45) - Do you see OEMs moving to an agency model?(00:41:35) - Thoughts on AI(00:46:23) - What traits do you see in the best founders/CEOs?Check out Boyd Ventures here - https://markboyd.com/Check out Car Dealership Guy’s stuff:CDG News - https://news.dealershipguy.com/CDG Jobs - https://jobs.dealershipguy.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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