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David Wyler, CEO of Jeff Wyler Automotive Family in Milford, Ohio, was the inaugural guest on “Retail on the Record,” a new Automotive News weekly video podcast. Wyler discussed the current buy-sell market, his January acquisition of Midwestern Auto Group, his dealership group’s culture of coaching, Carvana’s new-car sales success, the looming threat of Chinese vehicles in the U.S. and more. Here are edited excerpts.
Earlier this year, Digital Asset Investment Management (DAIM) and Marino Performance Motors (MPM) highlighted how they’ve been seeing a notable increase in customers wanting to transact in digital assets. Last week, the Jeff Wyler Automotive Family completed its first vehicle sale transaction using cryptocurrency. The transaction took place at its Mercedes-Benz of Fort Mitchell dealership, as the dealer group sold a certified pre-owned 2021 Mercedes-Benz S580 to a buyer in Saudi Arabia.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
