“I’ve interviewed all the manufacturers. Every single one of them feels the same way…their overhead is down. They’re making double the money. So why chase volume? There’s a paradigm shift in the industry and I think you’re going to see it this way for a long time.” — Tom Maoli
Tom Maoli’s background is in real estate investment, global logistics, and as a serial entrepreneur. As a relative newcomer to automotive, he has a much broader perspective than the average car dealer who grew up in the industry.
For years, Tom Maoli hosted a radio show, Go Big or Go Home, to teach entrepreneurs how to start a business, manage risk, leverage loans, and navigate the American economy. Today, he’s a real estate mogul, philanthropist, car collector, and the owner of New Jersey-based Celebrity Motor Cars. On this episode, he blends all his experience to give us his unique take on the current state of the auto industry.
Plus, Derek puts Tom on the spot to give us an automotive “Maoli Minute” — calling back a one-minute economic update he used to do for iHeartRadio.
- Predictions on how pent-up demand could affect markets in 2023 and 2024
- Updates on manufacturers that are cutting production
- Reasons why the automotive industry is faring better than other industries through the current shortage of employees
Derek D is an actor, comedian, and host with 15 years of experience in the entertainment industry. Before becoming a host on the DNT podcast, Derek was well known in the automotive industry for hosting the award-winning car news show Fast Lane Daily.
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