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March 19, 2024

#67 Former NADA Chairman shaping the car business, When will Chinese cars come to US, Are dealers on the hook for $35B? | Geoff Pohanka, Chairman of Pohanka Automotive Group

#67 Former NADA Chairman shaping the car business, When will Chinese cars come to US, Are dealers on the hook for $35B? | Geoff Pohanka, Chairman of Pohanka Automotive Group

In this episode, I'm speaking with Geoff Pohanka, Dealer and Former NADA Chairman where we discuss his involvement in the fight against FTC overreach, the $35B potential cost of the CARS rule, buying a Tesla to experience Direct-to-consumer firsthand, when will Chinese cars come to America and much more.


This episode is brought to you by:


Auto Hauler Exchange - The Auto Hauler Exchange has revolutionized the way vehicle haulers and vehicle shippers collaborate. The Exchange is the first digital marketplace of its kind in the vehicle logistics industry. Learn more @ AutoHaulerExchange.com


CDK Global - Empowering dealers with the tools and technology to build deeper customer relationships.

Learn more @ https://www.cdkglobal.com/dealership-xperience-platform


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Topics:

(00:00:00) - Intro

(00:02:21) - Life after NADA

(00:03:07) - The Pohanka family business 

(00:06:34) - Did you want to be a dealer?

(00:11:24) - What have you done to excel and grow your brand?

(00:14:23) - What does your role look like today?

(00:20:59) - The CARS Rule

(00:34:58) - What does Tesla do that is superior to the dealership model?

(00:38:46) - The EV future

(00:44:56) - Thoughts on China

(00:48:25) - What brands are you bullish on?

(00:53:22) - Will we have more or fewer dealers in 10 years?


Check out Pohanka Automotive Group here.


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