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#43 Building a $1.5B+ digital car auction, Peter’s car market predictions, OPENLANE's acquisition of Manheim Canada | Peter Kelly, CEO at OPENLANE
Manage episode 389391005 series 3460617
In this episode, I'm speaking with Peter Kelly, CEO at OPENLANE.
This episode is brought to you by:
Car Dealership Guy Newsletter - Become an automotive insider in just 5 minutes. Get the weekly email that delivers transparent insights into the car market. Be the first to know where the market is moving, for free. Join here: https://newsletter.cardealershipguy.org/subscribe
CarNow - The industry leader in automotive messaging and digital retailing solutions. See how CarNow can make an impact at your dealership by visiting https://info.carnow.com/cdg
Interested in advertising with CarDealershipGuy? Drop us a line here
Interested in being considered as a guest on the podcast? Add your name here
Topics:
(00:00:00) - Intro
(00:02:41) - Peter’s background
(00:06:40) - Were you the first fully digital auction attempt?
(00:07:22) - What is Open Lane?
(00:09:41) - Acquiring Manheim Canada
(00:12:40) - Do you see the future of car buying being all digital?
(00:14:32) - What is the key to a successful auction at your scale?
(00:16:47) - Supply and demand
(00:21:36) - Looking abroad for value
(00:23:03) - Should American dealers be looking to Canada for vehicles?
(00:25:39) - What does the future of Open Lane look like?
Check out more on OPENLANE here.
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
84 episodes
Manage episode 389391005 series 3460617
In this episode, I'm speaking with Peter Kelly, CEO at OPENLANE.
This episode is brought to you by:
Car Dealership Guy Newsletter - Become an automotive insider in just 5 minutes. Get the weekly email that delivers transparent insights into the car market. Be the first to know where the market is moving, for free. Join here: https://newsletter.cardealershipguy.org/subscribe
CarNow - The industry leader in automotive messaging and digital retailing solutions. See how CarNow can make an impact at your dealership by visiting https://info.carnow.com/cdg
Interested in advertising with CarDealershipGuy? Drop us a line here
Interested in being considered as a guest on the podcast? Add your name here
Topics:
(00:00:00) - Intro
(00:02:41) - Peter’s background
(00:06:40) - Were you the first fully digital auction attempt?
(00:07:22) - What is Open Lane?
(00:09:41) - Acquiring Manheim Canada
(00:12:40) - Do you see the future of car buying being all digital?
(00:14:32) - What is the key to a successful auction at your scale?
(00:16:47) - Supply and demand
(00:21:36) - Looking abroad for value
(00:23:03) - Should American dealers be looking to Canada for vehicles?
(00:25:39) - What does the future of Open Lane look like?
Check out more on OPENLANE here.
Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
84 episodes
All episodes
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