In the latest episode of the WardsAuto Podcast, Dave Cantin, CEO of Dave Cantin Group, shares his perspective on the challenges and opportunities shaping the future of the industry. Hosted by David Kiley, the conversation offers a deep dive into key issues facing auto dealers as they prepare for 2025.
Starting at minute 7, Dave explores several pivotal topics:
- The growing trend of dealerships changing hands and what it means for the industry.
- The essential role of skilled operators in driving dealership success.
- The alarming fact that two-thirds of dealers lack a succession plan—and practical steps to address it.
- How innovative tools like Jump IQ are harnessing AI to transform dealership operations.
A standout moment comes when Dave emphasizes the importance of leadership in acquisitions:
“In any acquisition, the operator is the most important component. Not the location or brand. You can have the best brand at the best location, but without a good operator, you can go out of business.”
He also highlights the critical need for succession planning, noting that it’s not just about business continuity but safeguarding your legacy for future generations.
This conversation is a must-listen for automotive professionals looking to stay ahead in a rapidly evolving market.
Listen to the full episode now: WardsAuto Podcast