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Benstock on Secret Integration, Szott on GM Dev, CDG on Special Announcement | Daily Dealer Live

Benstock on Secret Integration, Szott on GM Dev, CDG on Special Announcement | Daily Dealer Live

Car Dealership Guy Podcast Oct 31, 2025 61 min
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About this episode

A lively discussion on the current state of the automotive industry, featuring insights on Nissan's dealer backlash, the ongoing chip shortage, and the resurgence of Carvana. The episode highlights the launch of CDG Circles, a new peer group initiative aimed at fostering collaboration among dealers. Guests Brian Benstock and Todd Szott share their experiences and strategies for navigating challenges in the market, emphasizing the importance of dealer relationships and innovative marketing approaches. The conversation also touches on AI's role in the industry and the need for dealers to adapt to rapidly changing conditions.

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Technical Too Afraid to Ask
Concept

incentive programs

"...and incentive programs have become so aggressive that many dealerships are barely staying profitable..."

Incentive programs are ways car makers motivate dealerships to sell more cars, often by offering them extra money or discounts for hitting sales targets.

Concept

broker deals

"...some are resorting to broker deals or fleet style sales just to hit their numbers."

Broker deals are when car dealerships partner with outside brokers to help sell cars, especially when they need to meet certain sales goals.

Concept

fleet style sales

"...or fleet style sales just to hit their numbers."

Fleet style sales are when dealerships sell a lot of cars at once, usually to companies or organizations, instead of selling them one by one to regular customers.

Car

Nissan Versa

"The letter also calls out the loss of models like the Maxima and Versa, it questions the future of the Ultima..."

The Nissan Versa is a small, affordable car that is great for people who want to save money on gas and have a reliable way to get around.

Car

Nissan Maxima

"The letter also calls out the loss of models like the Maxima and Versa, it questions the future of the Ultima..."

The Nissan Maxima is a large car that is designed to be both sporty and comfortable. It's known for having a strong engine and a lot of features that make it feel luxurious.

Term

EV

"...criticizes the company for letting the once pioneering Leaf EV quote wither while competitors expanded their electric and hybrid lineups."

An EV, or electric vehicle, is a car that runs on electricity instead of gas. This means they are usually better for the environment and can save you money on fuel.

Car

Nissan Leaf

"...criticizes the company for letting the once pioneering Leaf EV quote wither while competitors expanded their electric and hybrid lineups."

The Nissan Leaf is a car that runs entirely on electricity, making it a good choice for people who want to reduce their carbon footprint and save on fuel costs.

Term

hybrid

"...to stronger hybrid investment and even hints at possible collective legal action if Nissan doesn't respond."

A hybrid car uses both a gas engine and an electric motor. This helps it use less gas and be better for the environment compared to regular cars.

Company

Nexperia

"...the Dutch government sees control of Nexperia, it's a China owned chip maker over national security concerns. Beijing fired back by banning exports of Nexperia's products from China, effectively cutting off a major source of automotive chips."

Nexperia makes small electronic parts called chips that are used in cars and other devices. Their ownership by a Chinese company has raised concerns for some countries about security.

Term

automotive chips

"...effectively cutting off a major source of automotive chips. The results? Well, automakers are scrambling."

Automotive chips are tiny electronic parts that help cars work properly. They control things like the engine and safety features. Right now, there aren't enough of these parts for car makers to keep up with demand.

Brand

Chrysler

"...with the acquisition of two franchised Chrysler Dodge Jeep Ram stores and faint whispers..."

Chrysler is a car brand that makes various types of vehicles, including cars and SUVs. It's one of the well-known American car manufacturers.

Brand

Dodge

"...with the acquisition of two franchised Chrysler Dodge Jeep Ram stores and faint whispers..."

Dodge is a car brand that makes sporty cars and SUVs. They are known for their powerful vehicles, like the Charger and Challenger.

Brand

Jeep

"...with the acquisition of two franchised Chrysler Dodge Jeep Ram stores and faint whispers..."

Jeep is a car brand famous for making vehicles that can go off-road. Their cars, like the Wrangler, are built for adventure and tough terrains.

Company

Carvana

"...Carvana is quietly probing whether a hybrid retail model will provide even more structural advantages."

Carvana is a company that sells used cars online. You can buy a car from them without going to a traditional dealership, and they even have a vending machine for cars.

Company

Asbury Automotive Group

"...Asbury Automotive Group has sold its Larry H. Miller Chrysler Dodge Jeep Ram Riverdale store in Ogden, Utah..."

Asbury Automotive Group is a big company that owns many car dealerships. They sell and service cars from different brands.

Car

Honda Civics

"...call my factory rep and say, hey, Adam Geyer, I need 100 civics. I need 100. The guy thought I was drinking."

The Honda Civic is a small car that many people like because it's dependable and gets good gas mileage. It's been around for a long time and is popular with different types of drivers.

Concept

car shortage

"...as the industry turned up and there was a shortage of cars, we were in a really good position."

A car shortage happens when there aren't enough cars available for people who want to buy them. This can be because factories can't make enough cars or more people want to buy cars than usual.

Term

chip shortage

"So let's go to another challenge. We reported last week about the next period chip shortage issue that arises from a dispute between the Dutch government and China. And many industry analysts are predicting it could impact the supply chain Honda already."

A chip shortage means there aren't enough tiny computer parts that cars need to work properly. This can cause car companies to make fewer cars or delay their production.

Car

Geo Prism

"...omorrow we start the mustaches. I think I have a Prism Jones moment where I come in a costume and you gu..."

The Geo Prism is a small car that was made by a company called General Motors in the 1990s. It was known for being affordable and good on gas, which made it a favorite for people looking for a reliable vehicle without spending too much money.

Car

Ford F150S

"cancellations of F-150s from the Novelis aluminum sheet factory fire."

The Ford F-150 is a popular truck that many people use for work and everyday driving. It's known for being strong and reliable.

Concept

lease returns

"...a lot of those lease returns get sold here, but a lot of them would get exported..."

Lease returns are cars that people give back to the dealership after using them for a few years. The dealership can then sell these cars to someone else.

Concept

fixed ops

"...fixed, it's about fixed ops and how do we grow fixed ops in a lease environment..."

Fixed ops is a term used to describe the parts and service departments of a car dealership that help make money even when cars aren't being sold.

Term

payment affordability challenges

"...addressing the payment affordability challenges with your customers..."

Payment affordability challenges are problems people have when they find it hard to pay for their car each month, especially when prices go up or money is tight.

Term

lease payments

"...coming out of COVID, you know, payments just skyrocketed for our lease customers."

Lease payments are the monthly costs you pay to use a car that you don't own. They can change based on how much the car is worth and other factors.

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