Show notes
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/subscribeCarNow - 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/cdgInterested in advertising with CarDealershipGuy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(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.