Ep #27 | Cole Potamkin, Hyundai’s Largest Dealer on Autonomy and Why Reputation Is Everything
From The Last 50 Ft · 00:16:58
Show by Autolane
New car sales have held at about 15 million a year for 50 years, and Cole Potamkin doesn’t expect autonomy to change that in the next five. Cole is CEO of Potamkin Companies and runs Hyundai’s largest dealer group in the US, with 14 dealerships.In this episode, he tells Cam Hering why AVs will replace rideshare and the second car, not the car you own. He compares Waymo at $4 a mile with $800 a month of car ownership. He also explains why parts and service earn 50 to 70 percent margins while selling a car earns just 2 to 3.Cole also covers AI agents negotiating car deals and why he’s bullish on Autolane.Find Cole at https://www.potamkin.co/ and on LinkedIn.
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