Kory Kennedy

Kory Kennedy Email and Phone Number

My career success has been defined by doing my best to educate those who want to learn how to master the art of the car business. I want to be that person who has made the difference in the career of someone else. @ MileOne Autogroup
towson, maryland, united states
Kory Kennedy's Location
Bel Air, Maryland, United States, United States
Kory Kennedy's Contact Details
About Kory Kennedy

I am an automotive sales expert with almost 30 years experience in different segments of automotive. Over the years, I have become a teacher of the subprime sales process and I love every minute of it. Educating people in the automotive sales process, and then watching them master their craft, has been incredibly rewarding. I am very thankful for the people in my past who list me as a mentor and someone who has helped them achieve more.. I have truly enjoyed watching them grow in their chosen fields.

Kory Kennedy's Current Company Details
MileOne Autogroup

Mileone Autogroup

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My career success has been defined by doing my best to educate those who want to learn how to master the art of the car business. I want to be that person who has made the difference in the career of someone else.
towson, maryland, united states
Website:
mileone.com
Employees:
488
Kory Kennedy Work Experience Details
  • Mileone Autogroup
    Director Of Special Finance
    Mileone Autogroup Apr 2024 - Present
    Baltimore, Maryland, United States
  • The Providence Group
    National Director Of Dealer Services
    The Providence Group Feb 2022 - Mar 2024
    Richmond, Virginia, United States
    I was recruited to rebuild a crumbling automotive consulting and training company that had been mismanaged for years. I restructured and managed the sales and development operations of the finance product and training company, game-planning with the team to acquire new business and then manage the team’s development of the account to grow client revenue and customer satisfaction. I also was responsible to research new products to add to our suite of business that would promote relevant products for today’s customers and market conditions while ensuring long-term customer retention through training and accountability of the sales numbers for those products. I worked with the team to prospect and acquire new dealership accounts (product and training) while maintaining relationships with dealers and executive managers with whom the team has conducted training. I was able to positively influence the customer satisfaction within the dealerships and regain the trust of the dealers in order to have a substantial value to merger with another agency.
  • Sensible Auto Finance
    Area Sales Manager
    Sensible Auto Finance 2021 - 2022
    Baltimore, Maryland, United States
    I met with automotive dealers, teaching them Sensible Auto Finance’s deep subprime leasing program and establishing working relationships with those dealers, as well as, keeping them active with the customer needs throughout the lease period. I prospected new business from dealerships in the Maryland and Delaware market which have not done business previously with Sensible, digging into their current inventory to determine if Sensible would be suitable partner for the that dealership. Additionally, I would follow up with each active dealership making sure the proper titling and registration of the vehicles have been secured in a timely fashion and as agreed to in the dealer agreement. I quickly rose in to the top producers on the team.
  • Self Employed
    Consultant/Trainer/Coach
    Self Employed 2019 - 2020
    Baltimore, Maryland Area
    I recently out on my own to utilize my keen management and performance analysis skills to consult and coach automotive dealership salespeople, sales managers and finance managers. I identified needs, established effective processes and created cross-collaboration to promote long-term financial health. I tackled everything from establishing pay structure and developing inventory acquisition plans to manage inventory movement and coached staff on issue resolution. I was able to drive revenue for the businesses that I worked with. I spearheaded the overhaul of an entire dealership sales process, leading to increased efficiency, reduced overhead and a 20% increase in net profit.
  • Mileone Autogroup
    Regional Sales Director/Regional Director Of Special Finance
    Mileone Autogroup 2010 - 2019
    Baltimore, Maryland Area
    I created, built and managed a Special Finance Department for one of the largest privately held automotive groups in the country, servicing 4 stores at onset and expanding to service 17 stores. I effectively streamlined the process for special finance deals from securing finance options to finalizing contract funding for buyers with challenged credit. I was responsible for hiring, developing pay plans, training and coaching team members and managing workflow and production, as well as being an active participant in the compliance of the entire division’s operation. While concurrently responsible for hiring, developing pay plans, training and coaching teams and managing workflow and production, I built one of the largest subprime finance teams nationwide. I led my team to process an average of 3000 credit applications per month, while converting 375-425 funded deals each month. Those deals yielded over $10M per year in gross profit, resulting in increased net profitability across all 17 Heritage locations.I was promoted the Regional Sales Director, where as a member of the Executive Management Team, I was part of streamlining the sales processes in the various retail dealership while holding the sales management teams accountable to follow the processes laid out.
  • Thompson Automotive, Inc.
    General Sales Manager
    Thompson Automotive, Inc. 2007 - 2010
    Dundalk, Maryland
    I directly oversaw 8-12 sales representatives, 2 Finance Mangers, one Sales Manager and an Internet Manager for a longtime, family owned Chrysler, Dodge, Jeep, Ram dealership. I was tasked with reducing the management head count and day to day expenses in order to create an expectation of building increased gross profit through sales. I was able to cut the management by 50% by setting increased sales goals, coaching sales staff and managing processes to maximize the sales objectives. One of my strongest contributions was that I proactively restructured the entire sales staff sales process, redirected the sales and finance manager's responsibilities which, in turn, made our dealership the most profitable dealership in the entire organization.
  • Castle Toyota
    Finance Director
    Castle Toyota 2006 - 2007
    Baltimore, Maryland
    As Director of Finance, I oversaw a department of seven business managers, servicing over 250 clients each month. I proactively worked with finance and sales staff to expedite customer interfacing and ensure smooth sales processes. Through effective collaboration with sales managers, I was able to train them to structure deals and increased sales by 24% and grew the total net profit by 30% in the first three months. Our largest month of sales continues to be record number of sales generated in that dealership.
  • Mileone Autogroup
    Special Finance Manager
    Mileone Autogroup 2002 - 2006
    Baltimore, Maryland Area
    I inherited a subprime finance operation that had delivered an average of 12 contracts per month averaging $2500 per copy in gross profit. I was able to restructure the process and responsibilities of all involved, resulting the contracts per month by 458%, which resulted in an 825% in gross profit. Due to this increase, the new expectations of the subprime finance operation throughout the company changed. Subprime finance became a mainstay in the entire division's day to day sales goals and net profitability.
  • Diehl Toyota
    Sales Manager
    Diehl Toyota 1997 - 2002
    York, Pennsylvania

Kory Kennedy Skills

Customer Retention Sales Customer Satisfaction Sales Management Finance Sales Process Profit Team Building Automotive Dealers Negotiation Dealer Management Vehicles Automotive Aftermarket New Business Development Automobile Customer Service Sales Operations Reynolds Retail Marketing Automotive Sales Training Lead Management Credit Loans Crm Management Account Management Credit Analysis Training Pricing Coaching Personnel Leadership Customer Relationship Management Market Planning Warranty Business Planning Strategic Planning Leadership Gross Profit Consumer Lending Forecasting Marketing Strategy Recruiting Inventory Management Contract Negotiation Lead Generation Written Communication Credit Management Sales Process Development

Kory Kennedy Education Details

Frequently Asked Questions about Kory Kennedy

What company does Kory Kennedy work for?

Kory Kennedy works for Mileone Autogroup

What is Kory Kennedy's role at the current company?

Kory Kennedy's current role is My career success has been defined by doing my best to educate those who want to learn how to master the art of the car business. I want to be that person who has made the difference in the career of someone else..

What is Kory Kennedy's email address?

Kory Kennedy's email address is ko****@****ast.net

What is Kory Kennedy's direct phone number?

Kory Kennedy's direct phone number is +171732*****

What schools did Kory Kennedy attend?

Kory Kennedy attended Penn State University, Penn State University.

What skills is Kory Kennedy known for?

Kory Kennedy has skills like Customer Retention, Sales, Customer Satisfaction, Sales Management, Finance, Sales Process, Profit, Team Building, Automotive, Dealers, Negotiation, Dealer Management.

Who are Kory Kennedy's colleagues?

Kory Kennedy's colleagues are Phil Odongo, Morgan Dandridge, Daniel Cornitcher, Sue Payne, Abraham Blandon, Jerry Fader, Jay Raquidan.

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