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Dec. 28, 2023

#45 Selling $5.5B+ worth of car dealerships, State of the auto market, Most and least desirable brands, What’s next for dealership profits? | Alan Haig, President & Founder, Haig Partners (Part 2)

#45 Selling $5.5B+ worth of car dealerships, State of the auto market, Most and least desirable brands, What’s next for dealership profits? | Alan Haig, President & Founder, Haig Partners (Part 2)

In this episode, I'm speaking with Alan Haig, President & Founder of Haig Partners 


This episode is brought to you by:


Cars Commerce - The platform to simplify everything about buying and selling cars. Learn more at carscommerce.inc


Haig Partners - Helping dealers maximize the value of their businesses. Learn more at Haigpartners.com


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Topics:

(00:00:00) - Intro

(00:01:37) - The state of the car market

(00:05:54) - Findings from the Haig report

(00:11:36) - How is Toyota doing well with declining market share?

(00:15:32) - What brands are dealers flocking toward right now?

(00:18:49) - What brands are dealers staying away from & the talent war

(00:29:18) - Is it easier to find buyers or sellers right now?

(00:36:06) - Drivers Behind Economies of Scale

(00:39:26) - How do you explain the rise of non-car business investors getting into the industry? (trim up)

(00:45:37) - What are you seeing in terms of dealer sentiment?

(00:50:16) - How do you add value to your dealerships today?

(00:55:23) - What’s the best way to cultivate talent in this industry?

(01:01:26) - What’s your outlook for the car market in 2024?


Check out Haig Partners here and the Haig Report here.


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This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.