We hit $164K in 16 days with one product.
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220 AI videos/day.
RT +Comment “WANT” and I’ll send how to do it.
(Must be Following)
The 2025 Wholesale Car Market Explained – Key Insights and What’s Ahead | Peter Kelly
My conversation with Peter Kelly, CEO at @OPENLANEnews
0:13 How last year’s predictions played out
2:14 OPENLANE’s 2024 milestones
3:15 Leadership lessons from the rebrand
6:21 Advice for dealers in 2025
12:40 Trends impacting dealers next year
16:37 Tools with the biggest impact
19:52 OPENLANE’s focus at NADA
Top 12 *LEAST* arbitrated vehicles at auction, from @OPENLANEUS :
1. Honda Passport
2. Buick Encore GX (!)
3. Genesis G70
4. Lincoln Corsair
5. Lincoln Nautilus
6. Cadillac XT4
7. Hyundai Kona
8. Chevrolet Bolt EV
9. Chevrolet Blazer
10. Mercedes-Benz GLE
11. Toyota Avalon
12. Mitsubishi Outlander
My initial take: no clear patterns. I see domestic and foreign brands, small cars, and SUVs.
But what’s most surprising to me? How few Toyotas made it onto this list.
That said, their owners are likely holding on to them for longer (and dealers are retailing them in most cases).
Learn more about @OPENLANEUS here: https://t.co/8Y6gUVJH6T
(Data via CDG partner: @OPENLANEUS #openlanepartner)
He was an Irish farmer 🧑🌾
Now he’s CEO at OPENLANE -
One of the largest auto marketplaces in the world ($1.5B).
Crazy part: he just acquired *all* of Manheim Canada (the car auction).
My conversation with Peter Kelly, CEO at OPENLANE:
Harsh reality:
Car prices will not go back to what they were before the pandemic.
I spoke with Peter Kelly, CEO of OPENLANE, about why car prices will likely remain systemically higher:
@AztkSmooth@GuyDealership@PnishiIsmajl Not necessarily. The worst thing for most dealers is the price volatility. It’s hard to time the market so you could easily be on the wrong side of the transaction.
BREAKING:
Manheim Auto Auctions is exiting Canada — like, entirely.
The entire Canadian remarketing business is being sold to OPENLANE.
So many questions…