Car Dealership Guy Podcast
Car Dealership Guy Podcast
Car Dealership Guy
#60 Building the future of automotive retailing AI, Pivoting from fashion to cars, Acquiring a tech company in Eastern Europe | Devin Daly, CEO of Impel
40 minutes Posted Feb 22, 2024 at 10:00 am.
In this episode, I'm speaking with Devin Daly, CEO of ImpelThis episode is brought to you by:Private Auto - The safest way to buy vehicles privately. Use code ‘CDG’ to list your car for free. Learn more @ https://privateauto.com/Valvoline - Go beyond the traditional supplier-dealer partnership today by visiting https://partner.valvolineglobal.com/Interested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:
- Intro
- Devin’s career and Building Impel
- Pivoting to auto
- Did you come from an entrepreneurial family?
- The evolution of the company
- How are dealers using this data?
- What are you building to help dealerships keep evolving?
- Thoughts on AI
- Where are you seeing the biggest impact from AI implementation?
- Raising $130m and acquiring a business in the Republic of Georgia
- Where are we headed with AI and the dealership?
- Where are you seeing customers the most frustrated with the dealership experience?
- What role does licensing play in all of this work?
- Partnering with ACV Auctions
- What do the next 5 years look like for our industry?
- What is your most popular product?
- Having a high bar for acquisitions
- “Oh sh*t” moments
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In this episode, I'm speaking with Devin Daly, CEO of ImpelThis episode is brought to you by:Private Auto - The safest way to buy vehicles privately. Use code ‘CDG’ to list your car for free. Learn more @ https://privateauto.com/Valvoline - Go beyond the traditional supplier-dealer partnership today by visiting https://partner.valvolineglobal.com/Interested in advertising with Car Dealership Guy? Drop us a line hereInterested in being considered as a guest on the podcast? Add your name hereTopics:(00:00:00) - Intro(00:02:23) - Devin’s career and Building Impel(00:03:55) - Pivoting to auto(00:06:28) - Did you come from an entrepreneurial family?(00:07:15) - The evolution of the company(00:09:21) - How are dealers using this data?(00:11:36) - What are you building to help dealerships keep evolving?(00:13:13) - Thoughts on AI (00:21:48) - Where are you seeing the biggest impact from AI implementation?(00:23:18) - Raising $130m and acquiring a business in the Republic of Georgia(00:26:59) - Where are we headed with AI and the dealership?(00:28:12) - Where are you seeing customers the most frustrated with the dealership experience? (00:29:15) - What role does licensing play in all of this work?(00:30:52) - Partnering with ACV Auctions(00:33:35) - What do the next 5 years look like for our industry?(00:34:46) - What is your most popular product?(00:35:59) - Having a high bar for acquisitions(00:37:20) - “Oh sh*t” moments(00:38:22) - What products are most important to manufacturers right nowCheck out Impel 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.