Welcome to the Car Dealership Guy Podcast. In this episode I'm speaking with Andrew DiFeo, Managing Partner at Hyundai of St. Augustine where we discuss: Can Hyundai challenge Toyota? Why he left $8M on the table during Covid, Building a Florida dealership for $17M, How he's selling cars on Amazon and much more.
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Topics:
00:00:00 - Intro
00:02:54 - Andrew’s background and career
00:05:46 - How big is the group today?
00:07:46 - What’s the background on your new store?
00:17:48 - How are you benefitting from the manufacturer given you’re operating out of a dealership like this?
00:21:13 - Being in the car business vs. the relationship business
00:30:49 - Is there a future where Hyundai challenges Toyota for market share?
00:34:52 - How are your store's profits split?
00:41:02 - What are you seeing in the market today in regard to technology for auto retail?
00:46:23 - Should more dealers be involved with VC and investing?
00:48:18 - The Amazon-Hyundai announcement
00:55:57 - What do you see for the future of your group?
Check out Hyundai of St. Augustine here - https://www.hyundaiofstaugustine.com/
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