Driving Performance

Performance Brokerage Services
  • 5.0 (20)
  • AUTOMOTIVE
  • UPDATED SEMIWEEKLY

You’re listening to Driving Performance, your go-to podcast for unmatched expertise in the world of buying and selling an automotive dealership. Join our hosts Jamie Farley and Paul Kechnie as they sit down with industry experts and thought leaders who provide invaluable information from their personal experiences. Our 3 unique series include: - Shifting Gears: Preparing for a life transition - Behind the Deal: A behind the scenes look at closed transactions - The Dealer’s Journey: Inspirational and motivating stories from your dealer peers If you’re looking to gain real-time and relevant insight from the trenches of the buy-sell market, this is the show for you.

Episodes

  1. MAR 17

    The Path to Becoming TIME Dealer of the Year with Rita Case of Rick Case Automotive Group

    Rita Case grew up in the automotive business, working in her family’s Honda dealership before taking on a leadership role in the industry. As President and CEO of Rick Case Automotive Group, she has built a $2 billion, multi-state dealership network, earning recognition as the 2024 TIME Dealer of the Year. In this episode, Rita shares insights on business strategy, leadership, and breaking barriers in a male-dominated industry. Key Takeaways: (02:31) Growing up in a family-owned dealership and learning the business. (06:09) Challenging industry norms as one of the first female auto dealers. (10:06) The strategy behind expanding through emerging auto brands. (12:04) Using “Dare To Compare” to win customers and build trust. (15:59) The importance of leadership, people, and company culture. (22:05) Why the auto industry remains challenging for women. (25:48) Women supporting women is helping break barriers in the automotive world. (32:21) The impact of philanthropy and community engagement. (37:09) Being named TIME Dealer of the Year and what it means. (41:14) Why knowing and supporting employees is key to long-term success. Additional Resources: Driving Performance | Website https://performancebrokerageservices.com/driving-performance-podcast/ Performance Brokerage Services | Website https://performancebrokerageservices.com/ Performance Brokerage Services | LinkedIn https://www.linkedin.com/company/performance-brokerage-services Rita Case | LinkedIn https://www.linkedin.com/in/rickcasegroup/ Rick Case Automotive Group | LinkedIn https://www.linkedin.com/company/rick-case-automotive-group/ Rick Case Automotive Group | Website https://rickcase.com Our Customers, Our Friends by Rick Case and Brooke Bates | Book https://www.amazon.com/Our-Customers-Friends-Community-Hardcover/dp/B010CLZDDK Boys & Girls Clubs of Broward County | Website https://bgcbc.org Thanks for listening to “Driving Performance.” If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations. #AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

    45 min

  2. MAR 3

    Riding the Industry’s Biggest Shifts: EVs, AI, and Dealership Growth with Rob Cochran, Chairman & CEO of #1 Cochran Automotive and NADA Vice Chairman

    On this episode, we sit down with Rob Cochran, Chairman and CEO of #1 Cochran Automotive, to discuss his leadership journey and the strategic growth of his dealership group. Rob also shares insights on the future of the industry as the newly appointed Vice Chairman of NADA for 2025, including the challenges posed by electric vehicles, technology, and global uncertainties. Tune in for a candid conversation on dealership growth, leadership, and navigating industry shifts with purpose. Key Takeaways: (02:14) Rob’s journey to becoming Vice Chairman of NADA for 2025. (03:47) Why #1 Cochran never pursued size for the sake of size. (06:32) The challenges involved in taking over the family business. (11:22) How EVs, AI, and digital transformation are reshaping auto retail. (16:30) How focusing on the human aspect drives team member retention. (18:32) Being authentic to yourself is vital in leadership. (22:50) Choose the best expansion strategy for your organization. (27:01) Generational leadership keeps the automotive industry grounded and strong. Additional Resources: Driving Performance | Website https://performancebrokerageservices.com/driving-performance-podcast/ Performance Brokerage Services | Website https://performancebrokerageservices.com/ Performance Brokerage Services | LinkedIn https://www.linkedin.com/company/performance-brokerage-services Rob Cochran | LinkedIn https://www.linkedin.com/in/rob-cochran-33672841/ #1 Cochran Automotive | LinkedIn https://www.linkedin.com/company/numberonecochran/ #1 Cochran Automotive | Website https://www.cochran.com Thanks for listening to Driving Performance. If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations. #AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

    30 min
  3. The Road to Dealership Ownership: Insider Tips From Jason Lumpkin and Connor Duncan of Live Oak Bank

    FEB 17

    The Road to Dealership Ownership: Insider Tips From Jason Lumpkin and Connor Duncan of Live Oak Bank

    On this episode, we’re joined by Jason Lumpkin, Senior Vice President of Auto Dealerships, and Connor Duncan, Vice President of Auto Dealerships at Live Oak Bank — leaders in dealership financing. Jason and Connor share their expertise in SBA loans, floor plan lending, and how their tailored financing solutions help both aspiring and established dealers achieve their business goals. Key Takeaways: (03:47) Live Oak Bank is the largest SBA lender, with $350M funded in dealership loans. (06:27) Education is critical to making SBA loans accessible in the franchise automotive space. (11:58) Live Oak focuses on income statements, not just balance sheets, for financing decisions. (14:25) OEM flexibility on debt-to-equity requirements varies; some brands allow exceptions for the right operator and store. (21:22) SBA loans provide 10- to 25-year terms and up to 90% leverage, easing cash flow concerns. (25:42)  Floor plan lenders often require significant equity injections, adding challenges to smaller deals and new buyers. (30:32) Floor plan lending has become a significant challenge, requiring early focus in deal planning. (34:17) Projection-based deals can unlock underperforming stores with significant growth potential. (44:12) First-time buyers benefit from building a strong support team, including brokers and attorneys. (49:15) Discipline and defining a clear buy box are crucial for dealership acquisition success. Additional Resources: Driving Performance | Website https://performancebrokerageservices.com/driving-performance-podcast/ Performance Brokerage Services | Website https://performancebrokerageservices.com/ Performance Brokerage Services | LinkedIn https://www.linkedin.com/company/performance-brokerage-services Jason Lumpkin | LinkedIn https://www.linkedin.com/in/jason-lumpkin-571bb218/ Connor Duncan | LinkedIn https://www.linkedin.com/in/connorduncan/ Live Oak Bank | LinkedIn https://www.linkedin.com/company/live-oak-bank/ Live Oak Bank | Website https://www.liveoakbank.com SBA Loan Program https://www.sba.gov/funding-programs/loans National Automobile Dealers Association (NADA) https://www.sba.gov/funding-programs/loans Thanks for listening to “Driving Performance.” If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations.  #AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

    54 min
  4. Vision and Strategy Meet Gut Instinct: Building a Multi-State Dealer Network with Gregg Young and Alex Morton of Gregg Young Automotive Group

    FEB 3

    Vision and Strategy Meet Gut Instinct: Building a Multi-State Dealer Network with Gregg Young and Alex Morton of Gregg Young Automotive Group

    We’re joined by Gregg Young, Owner and President of Gregg Young Automotive Group, and Alex Morton, their Chief Financial Officer. They share their experiences on growing a multi-state dealership network, the challenges of leadership and the importance of building a strong culture across all locations. Key Takeaways: (02:26) Gregg’s journey from selling used cars to owning dealerships. (06:57) Moving operations to better locations and growing the business. (13:06) Culture starts at the top and drives success in each store. (17:03) Smaller models help drive service business growth. (24:33) Finding the right people to lead stores is crucial for growth. (27:45) Expansion success relies on strong local leadership. (32:15) EOS system boosts efficiency and drives growth across locations. (36:02) Over-communication and confidentiality are key during deal closures. Additional Resources: Driving Performance | Website https://performancebrokerageservices.com/driving-performance-podcast/ Performance Brokerage Services | Website https://performancebrokerageservices.com/ Performance Brokerage Services | LinkedIn https://www.linkedin.com/company/performance-brokerage-services Gregg Young | LinkedIn https://www.linkedin.com/in/gregg-young-7416b311/ Alex Morton | LinkedIn https://www.linkedin.com/in/alex-morton-cpa-1908901b/ Gregg Young Automotive Group | LinkedIn https://www.linkedin.com/company/gregg-young-auto-group/ Thanks for listening to Driving Performance. If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations. #AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

    39 min
  5. The Power of Decentralized Leadership with Joe and Matt Serra of Serra Automotive

    JAN 20

    The Power of Decentralized Leadership with Joe and Matt Serra of Serra Automotive

    In this episode, we’re joined by Serra Automotive’s Chairman, Joe Serra, and President, Matt Serra, who share their insights into leadership based on a blend of family values and professional focus. They discuss the importance of empowering partners, fostering autonomy and creating growth opportunities across their dealership network. Key Takeaways: (02:10) A start in Chevy sales grew into a successful automotive business. (04:02) Valuing people and leading by example lead to strong foundations.  (06:22) Choosing a career you love and focusing on people leads to success. (08:43) Making tough succession decisions early for stability and clarity. (12:04) Vision is driven by empowering others, not by sales targets or rank. (13:50) Autonomy attracts top talent, drives growth and fuels sustainability.  (16:25) True decentralization empowers partners to lead while supporting collaboration. (19:56) A flexible growth model allows expansion into any market with the right partner. (25:26) Focus on talent, top technicians and exceptional problem-solving. (27:27) High dealership values drive smart franchise choices and financing. (29:53) Ideal stores are high-volume, well-performing and in key markets. Additional Resources: Driving Performance | Website https://performancebrokerageservices.com/driving-performance-podcast/ Performance Brokerage Services | Website https://performancebrokerageservices.com/ Performance Brokerage Services | LinkedIn https://www.linkedin.com/company/performance-brokerage-services Joe Serra | Linkedin https://www.linkedin.com/in/joe-serra-3a48409/ Matt Serra | Linkedin https://www.linkedin.com/in/matt-serra/ Serra Automotive | LinkedIn https://www.linkedin.com/company/serrausa/ Serra Automotive | Website https://www.serrausa.com/ Thanks for listening to “Driving Performance.” If you enjoyed this episode, please leave a 5-star review, and be sure to subscribe so you never miss any insightful conversations. #AutomotiveDealershipBrokers #CarDealership #AutomotiveIndustry

    32 min

  6. 10/04/2024

    Welcome to the Driving Performance Podcast

    Welcome to the Driving Performance Podcast, your go-to podcast for unmatched expertise in the world of buying and selling an automotive dealership. Join our hosts Jamie Farley and Paul Kechnie as they sit down with industry experts and thought leaders who provide invaluable information from their personal experiences. Our 3 unique series include: Shifting Gears: Preparing for a life transitionBehind the Deal: A behind the scenes look at closed transactionsThe Dealer’s Journey: Inspirational and motivating stories from your dealer peers If you’re looking to gain real-time and relevant insight from the trenches of the buy-sell market, this is the show for you.

    1 min
  • 6 Episodes

    5
    out of 5
    20 Ratings

    About

    You’re listening to Driving Performance, your go-to podcast for unmatched expertise in the world of buying and selling an automotive dealership. Join our hosts Jamie Farley and Paul Kechnie as they sit down with industry experts and thought leaders who provide invaluable information from their personal experiences. Our 3 unique series include: - Shifting Gears: Preparing for a life transition - Behind the Deal: A behind the scenes look at closed transactions - The Dealer’s Journey: Inspirational and motivating stories from your dealer peers If you’re looking to gain real-time and relevant insight from the trenches of the buy-sell market, this is the show for you.

    Information

    • Creator
      Performance Brokerage Services
    • Years Active
      2024 - 2025
    • Episodes
      6
    • Rating
      Clean
    • Copyright
      © Copyright 2024
    • Show Website
      Driving Performance

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