Car Dealership Guy

45 Years Running Top Dealerships: Howard Tenenbaum’s Brutal Truths for Today’s Operators My conversation with Howard Tenenbaum, President of Keyes Automotive Group: 0:28 How did Howard enter car business? 2:32 Consulting value for dealerships? 5:49 Private vs public dealership…

Dealers are always asking where to find young talent— But the next generation is already training in dealership marketing and operations before they ever graduate. Luke Reymer, Student at the Automotive Business School of Canada, shares how hands-on co-ops are shaping…

There were 61.8% more used EVs for sale in the first week of July YoY: But used EV demand isn’t quite keeping up with the growing supply, and it’s pushing prices down. Way down in some cases. Here are the 1- to 5-year old used cars with the biggest price drops… (Data source:…

The auto market has been fundamentally disrupted– Tech and trust are reshaping how cars get sold. Michael Oz of @DriveOzCom, @Evautoalex of @evautodotcom, and Don Hall of the Virginia Automotive Dealers Association, explain why automotive is racing to meet the customer where…

Some dealers are calling on OEMs for a smaller footprint and more flexibility. @Evautoalex of @evautodotcom, Michael Oz of @DriveOzCom, and Don Hall of the Virginia Automotive Dealers Association, break down how overhead and facility mandates are reshaping what the modern…

Dealers are piloting tech faster than ever— And VCs are following the signal. Quin Garcia, Managing Director at @autotechvc, explains how his firm connects new technologies directly with dealers. "We specialize in listening to the pain points of dealers, and the types of new…

[NEWS] Dealership visits are still key in AI-era car buying: A new study shows 62% of shoppers feel comfortable getting AI guidance during the process— But only 16% are actually using tools like ChatGPT today. The curiosity is there, but it hasn’t gone mainstream yet.…

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[NEWS] Solid-state battery bets are stacking up: Here’s the latest… Mercedes is teaming up with Farris Energy to pilot solid-state production by year-end. VW’s battery partner is exploring new scale-up tech with QuantumScape. Stellantis-backed Factorial is using AI to cut…

Reymer on New Class of Auto Leaders, Garcia on Investing in Car Biz Tech | Daily Dealer Live x.com/i/broadcasts/1…

Here are our guests for today’s Daily Dealer Live: - Luke Reymer, Student at Automotive Business School of Canada - Quin Garcia, Managing Director at Autotech Ventures See you all soon!

[NEWS] Tesla’s Supercharger empire is scaling fast: In Q2 alone— - Tesla deployed 3,500 new Supercharger stalls (+18% YoY) - Delivered 1.6 TWh of energy (+26% YoY) - Logged 45M charging sessions (+26% YoY) - And offset 716M liters of gas. Not bad for a network that launched…

Surging warranty costs are squeezing dealer profits: Auto parts suppliers paid out $2B in repairs last year. Then set aside another $4.7B for future claims. Largely because OEMs are shifting more warranty costs to suppliers. But when suppliers push back or delay, dealers are…

Car dealers have cracked the code on higher “close rates”: A decade ago, “digital retailing” was the buzzword. Today, it’s outdated. The real edge? Dealers who track shoppers across online and in-store touchpoints—remembering preferences, intent, and history—are seeing a 53%…

Carmax Auctions started offering 100% of auction upside on sale. Interesting. Anyone else see this?

One of our best interviews 2nd largest Porsche dealer in the U.S. dealershipguy.com/45-years-runni…

[NEWS] An affordability battleground is still brewing in the used market: By the numbers— Used inventory is up 4.7% YoY. But demand hasn’t slowed, and cars are selling nearly 5% faster than last year. Why: -More buyers are getting priced out of new. - Sub-$30K new cars now…