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Daily Dealer Insights

Oct. 28, 2024

How will the election affect dealerships?

The upcoming election could impact the auto industry more than any in recent history. With tariffs and EV tax credits hanging in the balance, we could see a massive shift in the future of EV adoption. Jonathan Smoke at @CoxEnterprisesInc, explains why dealers should pay attention. Need help finding top…

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Oct. 27, 2024

Where is dealership profitability going?

Dealership profits are shifting — but there’s more to the story. With used car prices stabilizing and complex repairs on the rise, fixed ops could become the next major profit driver for dealers. Here’s why the Chief Economist at @CoxEnterprisesInc, Jonathan Smoke, sees opportunities ahead: Need help finding top automotive…

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Oct. 26, 2024

Real reason people don't service their car

You'd think customers skip dealership service appointments because of cost... But it's actually the inconvenience of bringing the car in. Here's how @Draiver-usa CEO Federico Ranero explains how he’s helping solve the industry-wide issue. Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership…

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Oct. 25, 2024

Best place to be for dealers right now (2025)

Investing in productivity and scale may be the best way to defend your turf right now. With rising costs, especially in labor, @CoxEnterprisesInc's Jonathan Smoke says doing more with less is key. Here's his advice on controlling your own destiny as a dealer. Need help finding top automotive talent? Get…

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Oct. 25, 2024

Fascinating video showing the change in dealership valuations over the last decade

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 25, 2024

How Dealers Can Make More Profit Per Customer With Recall Work | Car Dealership Guy

A dealer-turned-founder just raised $15M to tackle a massive industry problem: 70 million cars on the road with open recalls. How is Ryan Maher from @BizzyCar planning to fix this—and what does it mean for dealers? Here's what's happening: 0:00 - BizzyCar Opportunity 3:09 - Recall Insights 7:02 - Dealer…

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Oct. 24, 2024

12 month auto industry recap

Used car supply is tightening—and it may not be just seasonal (!) Supply chain issues from three years ago are making off-lease vehicles scarce, shrinking used car inventory. Jonathan Smoke, Chief Economist at @CoxEnterprisesInc, explains why it matters. Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 24, 2024

2024 Car Market Forecast: Shocks and Twists You Need to Know | Jonathan Smoke

Welcome to the Car Dealership Guy Podcast! In this episode, I'm joined by Jonathan Smoke, Chief Economist at Cox Automotive. We dive into some of the biggest topics shaping the 2024 car market, including shocks and surprises, the painful new phase for the used car market, why new car discounts…

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Oct. 23, 2024

How to Go from Manager to Multi-Franchise Dealership Owner | Car Dealership Guy

How did Kyle Coleman, CEO of Coleman Automotive Group acquire multiple franchise dealerships—including one he found on an online classifieds site? Here's the story behind a simple sunday night call that changed everything: 0:00 - Dealerhship Valuation 5:21 - Approved By Franchisor Need help finding top automotive talent? Get started…

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Oct. 22, 2024

At-home test drives? | Car Dealership Guy

Faster, cheaper at-home test drives- a pre-sale pain point for many dealers? Federico Ranero from @Draiver-usa is tackling it with a *unique* chaining strategy. Here's his secret to more effecient test drives: #DraiverPartner Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy?…

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Oct. 22, 2024

Inside the "Uber of Car Deliveries": Moving 1.4M Vehicles a Year! | Fede Ranero

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Fede Ranero, CEO of Draiver where we discuss: How he's building the "Uber for car deliveries" and moving 1.4M vehicles per year, the #1 reason why customers skip vehicle service, what he learned from a leaked Elon…

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Oct. 20, 2024

Top 5 recalled auto brands

Which auto brands are leading in recalls for 2024? Ford is facing challenges, but there's a brand that tops the list. @BizzyCar CEO Ryan Maher breaks down the surprising stats and what it means for the industry. #BizzyCarPartner Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 19, 2024

How to buy your first dealership

200% in just 6 months. That’s how much Kyle Coleman, CEO of Coleman Automotive Group, grew his first dealership after acquiring it. He found an underperforming store and asked, “If I fix just ONE thing, how much better could it be?” Here are the 3 moves he made: Need help…

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Oct. 18, 2024

How 86% of Car Buyers Make Their Decision (And What Dealers Can Do About It!)

Are test drives still relevant in the digital age? You might be surprised. • 91% of buyers take a test drive; 78% say it sold them on the car. • 86% of extended test drive customers end up buying. • Gen Z buyers? They actually crave dealer guidance more than…

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Oct. 17, 2024

Money dealers make from recall work?

Is recall work the hidden goldmine for dealerships? With margins around 70% and an average of $353 per recall, but that's just scratching the surface. Ryan Maher from @BizzyCar mentions an even bigger opportunity dealerships are capitalizing on. Here's what's really going on: #BizzyCarPartner Need help finding top automotive talent?…

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Oct. 17, 2024

The Business Side of 70M+ Recalled Vehicles: What Dealers Are Gaining | Ryan Maher, Part 2

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Ryan Maher, CEO of BizzyCar where we discuss: The business side of 70M+ recalled vehicles, Most troubled car brands struggling with recalls, Shocking revelations from BizzyCar recall report and more. This episode of the Car Dealership Guy…

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Oct. 16, 2024

How Dealerships Can Save Millions on Card Processing Fees

Are dealerships unknowingly overpaying on payment processing fees? Many dealers pay between 2% and 2.5%, but some are charged up to 4% without realizing it. Julie Douglas from @dealerpayllc6658 shares how dealers are leaving money on the table—and what to do about it: 0:00 - Dealer Processing Fees 2:30 -…

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Oct. 15, 2024

Secret to going from manager to owner

Making the leap from manager to owner: — You’ll hear “no” 20, 30, even 40 times. — Deals will fall apart repeatedly. But Kyle Coleman from Coleman Automotive Group faced all that and still made it happen . Here’s his secret: Need help finding top automotive talent? Get started here:…

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Oct. 15, 2024

Secrets to Becoming a First-Time Franchise Dealership Owner in 2024 | Kyle Coleman

Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Kyle Coleman, Owner of Coleman Automotive where we discuss: How he went from selling Pokemon cards to Fords, the $50M voicemail that changed his life, His first 6 months as a franchise dealership owner and much more.…

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Oct. 14, 2024

Chevy taking EV training on the road

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 13, 2024

Stellantis slashes profit forecast

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 13, 2024

Is Honda taking over the EV market?

Are EVs finally regaining traction? New models like Honda's Prologue EV and Chevy's Equinox EV are making waves. Even Tesla had a strong quarter. Is Q3 the turning point for EVs? David Thomas from @CDKGlobal shares more insights: Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in…

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Oct. 12, 2024

Kia joins supercharger bandwagon

Need help finding top automotive talent? Get started here: https://www.cdgrecruiting.com/ Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu Check out Car Dealership Guy’s stuff: CDG News ➤ https://news.dealershipguy.com/ CDG Jobs…

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Oct. 12, 2024

Are car dealerships overpaying?

Are dealerships unknowingly walking into a compliance trap? Some payments providers are pushing non-compliant surcharging and cash discount programs. Could this lead to skyrocketing rates without you knowing? @dealerpayllc6658 Dealer Pay CEO Julie Douglas shares what dealers need to watch out for before it's too late: #DealerPayPartner Need help finding…

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