Before the introduction of the Novel Thinking Series – Randy Kobat was a featured guest on Epsiode 61 of the Dealer News Today Podcast.
In this featured episode from the DNT Podcast Randy explores Inventory as the hottest topic in the auto industry today. During Covid-19 dealers were and continue to face huge challenges meeting demand and managing inventory levels.
Listen to the original recording below.
Randy Kobat is vice president of operations for Cox Automotive’s Inventory Management Solutions which includes vAuto, Kelley Blue Book Instant Cash Offer, and Rebates & Incentives businesses
Interview Highlights:
There is still a lot of uncertainty for the remainder of 2020. What dealers need to watch out for just over the horizon.
There is a very tight correlation between home sales and car sales, and there is a reason dealers need to pay attention to those metrics.
What the OEMs didn’t understand about the pandemic and helping dealerships manage and maintain inventory levels.
Why dealerships are struggling to find quality used cars.
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Episode Sponsor:
LoanerToOwner – The only website dedicated to helping dealers promote and sell their loaner car inventory. Visit LoanerToOwner.com to get your inventory listed now!
