Louisville, KY – After another year of low new car inventory, Dealer Trade Network was able to respond to historic market conditions and customer uncertainty and achieve record growth in 2021.
The company grew revenue an impressive 36.5% last year and was again named to the Louisville Business First Fast 50, this time jumping 8 spots to land as the 30th fastest-growing private company in the Louisville Metropolitan Area.
CEO David Kohn explained that investments in new outreach capabilities led to much of the company’s revenue growth, and will also be key to future growth,
Providing dealerships with new tools and solutions to their inventory management challenges will drive our growth while also allowing dealerships to meet the changing demands of their customers.
Investment in technology and operations in the company has also allowed Dealer Trade Network to provide dealerships with accurate inventory recommendations and a market competitive price. The company has made major improvements in expediting payment and delivery of new vehicles between dealers, shrinking the time it takes to receive and retail new car inventory that the OEMs have just not been able to provide.
To fuel continued growth, Dealer Trade Network is exploring partnerships with some of the best auto groups in the country. The company is exploring an ability to provide service benefits such as expedited shipping and in-transit visibility to their best relationships – with a new online trading platform on the horizon.
Outside of the factory, Dealer Trade Network is the best way for new car dealers to source and sell new car inventory with other new car dealers, and the future is even brighter.