#43 Building a $1.5B+ digital car auction, Peter’s car market predictions, OPENLANE's acquisition of Manheim Canada | Peter Kelly, CEO at OPENLANE

Car Dealership Guy Podcast

In this episode, I'm speaking with Peter Kelly, CEO at OPENLANE.

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Topics:

(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.