SEASON 1 | EPISODE 11
Get ready to take notes.
Today, Dave Cantin runs down the checklist of dealership profitability and talks about entrepreneurs who are skilled at purchasing dealerships, increasing profits, and then selling them at a higher price three to five years later.
“There’s no magic dust that we’re going to sprinkle over a car dealership that makes it profitable. It’s process, it’s people, it’s product.”
– Dave Cantin
Plus, Dave and Derek share predictions on the performance of mainstay automakers over the next 12-18 months, especially GM, which suffered Q4 losses but is looking at a big emergence into the EV market through 2023.
And the conversation returns again and again to every business’s most important asset — its people.
Episode Highlights:
- We hear how the market fluctuations since 2020 have created a wide range of consumer experiences. This could mean we have several different types of car buyers in the coming years.
- Dave and Derek discuss predictions that General Motors will deliver 400,000 EVs in the US market through 2023, and what that means for the overall auto market.
- Dave tells us how a dealership buyer’s fresh perspective can uncover previously unseen areas of opportunity in an automotive business.
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.
| Dealer News Today is a Dave Cantin Group production
Dealer News Today Podcasts
The award-winning Dealer News Today podcasts focus on automotive dealer news with insights into the future of the industry. The Dealer News Today automotive podcast is created by and for auto dealers and the professionals that support them. All of our focus is on providing content on the cutting edge of the automotive industry that dealers need today and the insights required to be prepared for tomorrow.
Have something to add? Dealer News Today actively seeks thought leadership content that contributes to our goal of creating insights for the future of the automotive industry. Read our requirements for joining our team, or contact a member of our editorial staff today to learn more!
