Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Shiv Dutt, President, U.S. Marketplace at OPENLANE, where we discuss: Wholesaling 1.3M cars a year, buying cars at 2:00 AM, why the gap between buyers and sellers is widening and much more.
This episode of the Car Dealership Guy Podcast is brought to you by:
Lotlinx - Get the best possible market advantage on every vehicle transaction. Optimize operations and boost profits using artificial intelligence (AI) and machine learning. Learn more @ https://lotlinx.com/
Car Dealership Guy News - The #1 source for concise and unbiased car industry news. Stay informed with the most relevant and interesting stories by visiting https://cdg.news
OPENLANE - National reach, comprehensive inspections, and a range of inventory, from dealer trades to commercial and off-lease exclusives. Learn more at https://openlane.com/
Interested in advertising with Car Dealership Guy? Drop us a line here: https://cdgpartner.com
Interested in being considered as a guest on the podcast? Add your name here: https://bit.ly/3Suismu
Topics:
00:00:00 - Intro
00:01:09 - Shiv’s background and career
00:03:36 - What was the most antiquated thing you saw in the auto industry when you started?
00:06:38 - What’s the state of wholesaling today?
00:08:02 - What does OPENLANE do today?
00:11:03 - What’s your digital thesis?
000:13:00 - What trends are you seeing in the wholesale marketplace economy?
00:23:18 - What are you seeing from an economic perspective?
00:29:43 - How does OPENLANE 10x from here?
Check out OPENLANE here - https://openlane.com/
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