In this episode of Inside Automotive, Serra Automotive Chairman Joe Serra discusses leadership transition, operational priorities, and the broader industry outlook while reflecting on a significant philanthropic commitment in Michigan. Serra explains how a recent $6 million pledge to McLaren Flint Hospital aligns with his later-career focus on community impact, as well as the organization’s long-term planning for stability and growth.The conversation covers:The motivation and goals behind Serra Automotive’s cardiac care donationHow leadership responsibilities are divided as part of a multi-year succession planManaging a 62-store, multi-brand operation through changing market conditionsAffordability pressures facing consumers and their impact on demandUsed-vehicle acquisition strategies and compensation alignmentThe growing importance of fixed operations and leadership developmentSerra offers perspective on balancing business performance with long-term stewardship, emphasizing consistency, preparation, and accountability as the group supports both its employees and the communities it serves.Inside Automotive with Jim Fitzpatrick is powered by CBT News, your go-to source for the latest news, trends, and insights in retail automotive. Subscribe for more interviews with top industry leaders, dealership innovators, and experts shaping the future of automotive. For more content, visit CBTNews.com and follow us on your favorite podcast platform.

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