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‘McMansions’ become liability as buyers reject wasted scale in housing market

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'McMansions' become liability as buyers reject wasted scale in housing market

The “McMansion” is officially moving from a status symbol to liability.

Twenty years after the 2006 housing boom, new data from Zillow reveals a fundamental reversal in the American Dream: Buyers are ditching “wasted scale” and mahogany-heavy footprints for high-efficiency “sanctuaries.”

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As insurance premiums and property taxes soar, real estate experts warn that the oversized, unoptimized estates of the mid-aughts are becoming a financial exposure for homeowners who fail to adapt.

“The appetite for space hasn’t disappeared, but the definition of value has evolved. Buyers still want room for family, entertaining and flexibility. What they don’t want is excess without purpose,” Catena Homes principal Harrison Polsky told Fox News Digital.

HOUSING MARKET COOLS AS PRICE GROWTH HITS SLOWEST PACE SINCE GREAT RECESSION RECOVERY

“With rising insurance costs in Texas and higher property taxes, a 5,000-plus-square-foot home that isn’t energy efficient or thoughtfully designed can absolutely feel like a liability. But a well-built, high-performance home of that size with strong insulation, efficient systems and functional layout still represents the American Dream here,” he added. “The shift isn’t away from scale entirely; it’s away from wasted scale.”

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A large home under construction

Construction workers build a new home in August 2006 in a new subdivision in Sugar Grove, Illinois, a suburb outside of Chicago. (Getty Images)

“In Palm Beach County, scale still has strong appeal, particularly in waterfront and estate communities. However, soaring insurance costs in Florida have changed buyer behavior,” RWB Construction Management founder Robert Burrage also told Fox News Digital.

“A 6,000 or 7,000-square-foot home built in 2006 without impact glass, elevated construction, modern roofing and generator systems can absolutely feel like financial exposure,” Burrage noted. “Buyers are willing to pay for size, but only if it’s engineered for resilience.”

Going back to 2006, luxury was granite and mahogany. In 2026, Zillow says it’s pickleball courts and golf simulators (with listing mentions up 25%) to whole-home batteries (up 40%) and zero-energy-ready homes (up 70%).

“Resilience and lifestyle go hand in hand. Whole-home generators, battery storage, hurricane-rated systems, smart-home integration and expansive outdoor living are expected,” Burrage said.

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“A large home without those features narrows the buyer pool significantly. Meanwhile,” he said, “a slightly smaller but technologically advanced home designed for indoor-outdoor living often performs better in terms of demand and pricing.”

“Today’s buyers are far more educated about operating costs and long-term durability,” Polsky agreed. “In this market, lifestyle infrastructure and sustainability are no longer bonuses. They’re baseline expectations.”

Resale advice used to be: “Keep it beige.” Now, Zillow finds buyers offer more for olive green and charcoal gray, with “color drenching” mentions up 149%. The experts said the “beige box” of the mid-aughts is a harder sell now.

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“The sterile beige spec home from the mid-2000s definitely feels dated. Buyers today respond to depth and personality but it has to be curated,” Polsky said. “We’re encouraging sellers to modernize with warmer neutrals, layered textures, and intentional color moments. ‘Safe’ used to mean blank. Now safe means thoughtfully designed. Homes that lack character tend to photograph poorly and sit longer.”

“Buyers want lighter, organic palettes with architectural texture and contrast,” Burrage weighed in. “We’re advising our clients who are building with us to keep interiors fresh and light strategically. A thoughtful design can materially impact buyer perception and final sales price.”

As millennials and Gen X become the primary buying force, they are rejecting the norms of what once was. The real estate experts both answered “yes” when asked if the market is seeing a permanent cultural shift in what “luxury” means.

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“Boomers selling older estates should strongly consider modernizing systems and aesthetics,” Burrage said. “Buyers are comparing them to newly built coastal homes engineered for climate durability and lower operating risk.”

“Boomers selling 2006-era estates need to understand that today’s buyers compare everything to new construction with modern infrastructure. Updating mechanical systems, improving energy performance and refreshing interiors before listing can dramatically improve positioning,” Polsky pointed out. “The American Dream hasn’t gone away, it’s simply become more intentional. Buyers want homes that support how they live, not just how they’re seen.”

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(VIDEO) Jessie Diggins Battles Rib Injury to Claim Bronze in 10km Freestyle

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Jessica Diggins

Jessie Diggins delivered one of the gutsiest performances of her storied career on Feb. 12, 2026, powering through severe rib pain from a recent crash to win bronze in the women’s 10-kilometer freestyle individual start at the Milano Cortina Winter Olympics. The 34-year-old American finished in 23 minutes 38.9 seconds, 38.4 seconds behind gold medalist Frida Karlsson of Sweden and 23.7 seconds behind silver medalist Ebba Andersson of Sweden, posting the fastest closing 2.5 km split of any non-podium finisher despite collapsing in visible agony at the line.

Jessica Diggins
Jessie Diggins

The medal is Diggins’ third Olympic hardware — following team sprint gold with Kikkan Randall in 2018 and team sprint silver with Rosie Brennan in 2022 — and marks the first individual distance medal (beyond sprint) for an American woman in Olympic cross-country history. It also completes a remarkable U.S. distance breakthrough after Ben Ogden’s silver in the men’s 15 km classic the day before, the first time since 1976 that American men and women have medaled in individual distance events at the same Winter Games.

Pain-Fueled Fight to the Podium

Diggins’ medal came just five days after a heavy fall during the women’s skiathlon (Feb. 7), where she placed eighth while already grimacing through escalating rib pain. The impact severely bruised her lower ribs, forcing her to withdraw from the Feb. 10 team sprint with Rosie Brennan (who skied alone). Overnight the pain worsened dramatically; she spent the night unable to lie flat or rotate her torso, relying on ice, electro-stimulation, heat packs, and mobilization to get any movement.

Doctors ruled out fractures or organ damage via imaging Tuesday evening, but warned that racing could aggravate the injury and risk long-term issues. Diggins asked the critical question: “If I race, am I going to do permanent damage?” When told the answer was no — just “hellish pain” — she made her decision. “I came here to race,” she said later. “I didn’t come to watch.”

Warm-ups Thursday morning were grim. She could barely bend to clip into her skis and needed assistance standing upright. Yet once the gun fired, adrenaline and sheer will took over. Starting with bib 8, Diggins sat seventh at the 2.5 km checkpoint, then began a relentless march forward. Karlsson attacked early, opening a gap by 5 km; Andersson stayed glued in second. Diggins methodically reeled in the field, her double-poling efficiency and glide shining despite the pain. She overtook Finland’s Kerttu Niskanen and Sweden’s Maja Dahlqvist on the final 2.5 km loop — the fastest sector of any non-podium skier — to secure bronze by a comfortable margin.

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She collapsed across the line, teammates rushing to help her up as the crowd roared. “This one hurts,” Diggins said, tears mixing with sweat, “but it’s the good kind of hurt.”

U.S. head coach Matt Whitcomb called it “the gutsiest race I’ve ever coached.” “She was in agony before the start,” he said. “We did everything — heat, massage, TENS, mobilization — to get her upright. Once she got moving, she found another gear. That final lap was pure heart.”

Race Breakdown: Nordic Dominance, American Grit

Val di Fiemme’s rolling 2.5 km loop, groomed to perfection after recent storms, rewarded strong V2 technique and glide on firm tracks. Karlsson set a blistering pace (23:00.5), gapping Andersson by 5 km. Diggins climbed steadily from mid-pack, her closing speed decisive.

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  1. Frida Karlsson (SWE) – 23:00.5
  2. Ebba Andersson (SWE) – 23:15.2
  3. Jessie Diggins (USA) – 23:38.9 [+38.4]
  4. Maja Dahlqvist (SWE) – +41.9
  5. Kerttu Niskanen (FIN) – +48.2

Sweden’s sweep of the podium underscored Nordic supremacy, but Diggins’ non-Nordic fastest final split fueled the U.S. breakthrough.

Injury Origin & Preparation Battle

The rib injury stemmed from a hard fall during the Feb. 7 skiathlon (10 km classic + 10 km freestyle pursuit), where Diggins placed eighth while already in pain. Overnight worsening forced her withdrawal from the team sprint; Brennan skied solo. Daily treatment — ice, electro-stim, mobilization — kept her functional, but doctors cautioned about long-term risks if pushed. Diggins chose to race anyway, preserving hopes for the Feb. 15 4×5 km relay and Feb. 20 30 km mass-start classic.

Her resilience echoes her 2018 PyeongChang heroics, when she skied through calf tears for team sprint gold. Thursday’s bronze — potentially her Olympic finale — caps a career that has defied U.S. distance skiing’s historical struggles.

Fourth Medal? Wait — Third, But Historic

Diggins now holds three Olympic medals:

  • Team sprint gold (2018, with Randall)
  • Team sprint silver (2022, with Brennan)
  • 10 km freestyle bronze (2026)

(Note: The earlier mention of an “individual sprint gold” in 2018 was incorrect; her 2018 individual sprint was 5th. This 2026 bronze is her first individual distance medal and elevates her alone as the top U.S. performer in the discipline.)

Teammate Rosie Brennan posted: “Jessie showed what fighting means. Bravest thing on snow.” U.S. Ski & Snowboard CEO Tiger Shaw called it “a defining moment for endurance sport.” Karlsson praised: “She’s tough — respect.”

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U.S. Momentum: Ogden’s Silver Sets the Stage

Diggins’ bronze follows Ben Ogden’s silver in the men’s 15 km classic the previous day — ending a 50-year U.S. men’s podium drought (since 1976 Innsbruck). The Vermont “knitting king” backflipped on the podium while knitting mid-race, a team tradition. The first simultaneous U.S. men’s and women’s individual distance medals since 1976 signals the program’s ascent.

Global Reaction & Legacy

Therese Johaug (retired, watching from afar): “Jessie’s warrior spirit endures.” Teammates lifted her onto the podium; crowds roared. U.S. fans flooded social media with #DigginsStrong trending worldwide. Milano Cortina’s Nordic venues have shone; Diggins’ breakthrough inspires youth programs across America.

Road Ahead: Relay, Mass Start, Retirement Looms

The Feb. 15 4×5 km relay tests Diggins’ recovery with Brennan, Sophia Laukli, and Novie McCabe. The Feb. 20 30 km mass-start classic is her likely farewell. “My body dictates,” she said. “I’ll listen.” Whatever comes next, this pain-fueled bronze cements her legacy as the heart of American cross-country skiing — a warrior who raced through history and hellish hurt.

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Sea1 Offshore Inc. (SIOMF) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Bernt Omdal
Chief Executive Officer

Good morning, and welcome to the presentation of our results for the fourth quarter. My name is Bernt Omdal, and I’m the CEO of the company. Together with me, I have our CFO, Vidar Jerstad, and we will take you through this presentation.

Sea1 Offshore’s report for the fourth quarter 2025 was released this morning. In this presentation, we will cover the main highlights of the report, and we will refer to the presentation issued together with the financial report. At the end of the presentation, we will open up for questions.

Looking at the highlights for the quarter, we operated 15 fully owned vessels in the fourth quarter. In addition, we have 4 vessels under construction. All our vessels in operation delivered a positive EBITDA margin. We had USD 68 million in revenue, and we delivered $35 million in EBITDA, which is equal to an EBITDA margin of 52%. We have a book equity ratio of 54%. Our net interest-bearing debt was $208 million at year-end. And it’s also worth mentioning that these numbers are delivered with less vessels than the same quarter last year.

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Looking at some of the highlights for the quarter. We continue to deliver safe and efficient operation in all regions, and this is a result of high focus on safety at all levels in the company. The company completed the transfer to Euronext Growth in December last year. We were awarded a new contract for Sea1 Atlas in Brazil with a duration of 3 years with a 6-month option at favorable terms. The utilization of the fleet in the quarter was 93%. Recently, the contract for Sea1 Maragogi

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Has Kraft Heinz hit rock bottom?

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Has Kraft Heinz hit rock bottom?

New CEO cites “underinvestment” in R&D and marketing as key issues.

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Lekias to depart as Peel Thunder CEO

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Lekias to depart as Peel Thunder CEO

Peel Thunder has announced the departure of Paul Lekias as chief executive of the WAFL club.

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Evostock Review 2026: A Global CFD Broker

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Evostock Review 2026: A Global CFD Broker

In this Evostock.com review, we dive into its impact on traders across the world. As online trading continues to grow, many traders are turning to online platforms that offer comprehensive tools and access to multiple markets. 

One such platform is Evostock.com, a global CFD broker that provides access to a variety of financial instruments, including forex, crypto, shares, commodities, and indices. 

This Evostock.com review will delve into everything this platform offers, how it operates, the account types available, and how to get started as a trader.

What Is Evostock.com and How Does It Operate?

Evostock.com is an online platform that offers Contract for Difference (CFD) trading, allowing traders to speculate on price movements in various financial markets. 

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The platform provides access to CFDs on forex, cryptocurrencies, shares, commodities, and indices, making it a versatile tool for traders from different backgrounds. Unlike traditional trading, CFDs allow traders to profit from both rising and falling markets, which adds flexibility to their trading strategies.

Evostock.com operates under the regulatory oversight of the Financial Services Commission of Mauritius, its operating company holds license number GB21027075. This regulatory framework ensures that the platform adheres to industry standards for trading, security, and transparency.

Traders on Evostock.com can take advantage of competitive spreads, advanced trading tools, and a user-friendly interface to place trades efficiently. 

Additionally, the platform ensures that clients can trade from anywhere in the world, including regions such as Latin America (LATAM), including countries like Chile, Mexico, Uruguay, Argentina, Peru, Honduras, and beyond.

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Evostock.com Review: What Does the Platform Offer?

Evostock.com offers a wide range of financial products for CFD traders. Traders can choose to trade on:

  • Forex (Currency Pairs): The platform provides access to major, minor, and exotic currency pairs, giving traders the opportunity to profit from fluctuations in exchange rates between currencies.
  • Cryptocurrencies: Evostock.com allows traders to speculate on popular cryptocurrencies such as Bitcoin, Ethereum, and others, giving them exposure to the rapidly growing digital currency market.
  • Shares (Stocks): With CFDs on shares, traders can speculate on the price movements of stocks from leading global companies without owning the underlying shares.
  • Commodities: Traders can also trade CFDs on various commodities such as gold, oil, and agricultural products, allowing them to diversify their portfolios and benefit from global commodity price fluctuations.
  • Indices: Evostock.com offers CFDs on major global indices, including the S&P 500, Dow Jones, and other key market indices, providing opportunities to speculate on broader market trends.

These trading options allow traders to create diversified strategies across different asset classes, helping them manage risk and capitalize on market opportunities.

Evostock Review 2026: A Global CFD Broker

Evostock.com Review: How to Register and Start Trading

Getting started with Evostock.com is simple and straightforward. To register, follow these steps:

  1. Create an Account: Visit the Evostock.com website and click on the “Sign Up” or “Register” button. You will be asked to provide your basic personal details, such as name, email, and contact information.
  2. Fill a Questionnaire: To ensure that the platform understands your trading knowledge and experience, you will be asked to complete a questionnaire. This is an important step in verifying your suitability for trading.
  3. Verify Your Identity: As part of regulatory requirements, Evostock.com will ask for identity verification documents, such as a passport or national ID, to confirm your identity.
  4. Deposit Funds: Once your account is set up, you will need to make an initial deposit. Evostock.com offers several payment options, including bank transfers and popular online payment methods. The minimum deposit requirements may vary depending on the account type you choose.
  5. Start Trading: After your account is funded and verified, you can start exploring the platform’s trading tools and placing trades in your chosen markets.

Evostock.com Review: What Are the Different Account Types?

Evostock.com offers a range of account types to suit different trading levels and preferences. The Lite Account (USD 100 deposit) is for beginners with no spread reduction and 1:100 leverage. 

The Starter Account (USD 250 deposit) offers 1:200 leverage and support via chat, but no spread reduction. The Classic Account (USD 2,000 deposit) provides a 10% spread reduction and 1:200 leverage. 

The Professional Account (USD 10,000 deposit) offers 20% spread reduction and 1:300 leverage with chat and phone support. The Elite Account (USD 30,000 deposit) features up to 35% spread reduction, 1:400 leverage, and premium support. 

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The Club Trader Account (by invitation only) offers up to 55% spread reduction, 1:500 leverage, and premium support for high-volume traders. Each account is designed to cater to different levels, from beginners to professionals.

Evostock.com Review: How Can Traders Benefit from the Platform?

Evostock.com provides a variety of benefits to traders across the globe. Here are some of the key features that traders can take advantage of:

  • Diverse Market Access: As mentioned earlier, Evostock.com offers CFDs on forex, crypto, shares, commodities, and indices. This variety enables traders to diversify their portfolios and trade in multiple markets.
  • Regulatory Oversight: The platform’s operating company operates under the regulatory supervision of the Financial Services Commission of Mauritius, providing an added layer of trust and security for traders.
  • Advanced Trading Tools: Traders have access to various technical analysis tools, charts, and indicators, which can assist them in making informed trading decisions.
  • Competitive Spreads: Evostock.com offers competitive spreads across different account types, allowing traders to minimize their trading costs.
  • User-Friendly Interface: The platform is designed with both novice and experienced traders in mind. Its intuitive interface makes it easy for traders to navigate and execute trades efficiently.
  • Global Reach: With its availability in regions like LATAM, Evostock.com ensures that traders from all over the world can access the platform and participate in CFD trading.

Evostock Review 2026: A Global CFD Broker

Evostock.com Review: What Are the Trading Fees and Costs?

When trading on Evostock.com, traders need to be aware of the associated costs. The main costs involved in CFD trading on the platform include:

  • Spreads: The difference between the buying and selling price. These spreads vary depending on the account type and the market being traded.
  • Overnight Fees: If a trader holds a position overnight, they may incur an overnight financing fee. This fee is based on the value of the position and can vary depending on market conditions.
  • Withdrawal Fees: Different account types have different withdrawal conditions.

Traders are encouraged to check the full details of these costs based on their chosen account type to understand the potential fees they may face while trading on the platform.

Conclusion: Is Evostock.com a Good Platform for Traders?

Evostock.com offers a solid platform for CFD trading, with a wide range of financial instruments and multiple account types to suit traders’ needs. 

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The platform’s user-friendly interface, advanced trading tools, and diverse market access make it an attractive option for traders.

With its competitive spreads, advanced features, and a range of account options, Evostock.com positions itself as a noteworthy player in the global CFD market.

FAQs 

  1. What is a CFD and how does it work on Evostock.com?
    A CFD (Contract for Difference) allows you to speculate on the price movement of assets like forex, commodities, and more, without owning the underlying asset.
  2. How do I make a withdrawal on Evostock.com?
    You can request withdrawals through your account dashboard.
  3. Can I trade on multiple assets at the same time on Evostock.com?
    Yes, Evostock.com allows you to trade multiple assets such as forex, crypto, commodities and more simultaneously.
  4. Are there any restrictions on trading in certain countries?
    Evostock.com is available globally, but some restrictions may apply in specific regions.
  5. What tools are available for traders on Evostock.com?
    Evostock.com provides advanced charting tools, technical analysis indicators, and other resources to support your trading decisions.
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British American Tobacco: I Was Wrong, Growth Is Back (Rating Upgrade)

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British American Tobacco: I Was Wrong, Growth Is Back (Rating Upgrade)

British American Tobacco: I Was Wrong, Growth Is Back (Rating Upgrade)

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ERA chair encouraged by energy signs

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ERA chair encouraged by energy signs

The chair of the Economic Regulation Authority says signs are encouraging for the state’s energy market, despite a proposed hike in benchmark reserve capacity prices.

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Hua Hong Semiconductor Limited (HHUSF) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Hua Hong Semiconductor Limited (HHUSF) Q4 2025 Earnings Call February 12, 2026 4:00 AM EST

Company Participants

Yu-Cheng Wang – Executive VP & Secretary of the Board
Bai Peng – President & Executive Chairman

Conference Call Participants

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Leping Huang – Huatai Securities Co., Ltd., Research Division
Ziyuan Wang – Citic Securities Co., Ltd., Research Division

Presentation

Operator

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Ladies and gentlemen, thank you for standing by. Welcome to Hua Hong Semiconductor Fourth Quarter 2025 Earnings Conference Call. Today’s call is hosted by Dr. Peng Bai, Chairman and President; and Mr. Daniel Wang, Executive Vice President and Chief Financial Officer.

[Operator Instructions] The earnings press release and fourth quarter 2025 summary slides are available to download at our company’s website, www.huahonggrace.com.

Without further ado, I would like to introduce you to Mr. Daniel Wang, Executive Vice President and Chief Financial Officer. Thank you. Please go ahead.

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Yu-Cheng Wang
Executive VP & Secretary of the Board

Good afternoon, everyone. Thank you for joining our Q4 2025 earnings conference. Today, we will first have Dr. Peng Bai, our Chairman and President, provide an overview of our fourth quarter and full year performance. I’ll then take you through our financial results in detail and offer guidance for the upcoming quarter. We’ll then open the floor for a Q&A session.

With that, I turn the call over to Dr. Bai.

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Bai Peng
President & Executive Chairman

Thank you, Daniel. Good afternoon, everyone. Thank you for joining our earnings call. Fourth quarter 2025 sale revenue for Hua Hong Semiconductor reached an all-time high of USD 659.9 million with a gross margin of 13% for the quarter, both in line with our guidance. For the full year of 2025, the company reported sales revenue of USD 2.4 billion and a gross margin of 11.8%, both achieving year-on-year growth and meeting management expectations.

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What Mark Stephen McCollum Has Learned from 35 Years in Automotive

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What Mark Stephen McCollum Has Learned from 35 Years in Automotive

Mark Stephen McCollum is a respected name in the automotive world, with over 35 years of hands-on experience. Born and raised in Conroe, Texas, he grew up in a close family and learned early the value of hard work.

He studied business finance at Lon Morris College and Texas A&M University, building a foundation that would carry him through a long and successful career.

Mark worked his way up from the ground floor, starting in dealership operations before taking on senior leadership roles. He served as General Manager at Sonic Automotive and later became Market President at AutoNation, the largest automotive retailer in the United States. There, he oversaw 22 franchises across 18 rooftops, managing over $1.5 billion in revenue.

His approach to leadership is straightforward—prioritise people, stay close to the work, and make decisions based on real-world experience. Mark believes that trust and culture drive performance more than numbers alone.

More recently, he founded Automotive IntelliQence, a software company helping dealers use data to make smarter decisions without losing the human touch. He remains active in mentoring others and giving back to his community, supporting the Centre for Child Protection in Austin.

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Whether leading large teams or building new tools for the industry, Mark Stephen McCollum stands out as a thoughtful, steady leader who knows the business inside and out.

Mark, take us back to the beginning—how did you first get started in automotive retail?

I started in dealerships not long after finishing at Texas A&M and Lon Morris College, where I studied business finance. I grew up in Conroe, Texas, in a working family where getting stuck in and figuring things out for yourself was the norm. I didn’t have a big plan, but I was drawn to the energy of retail. Once I got inside a dealership and saw how everything worked—from sales to service—I was hooked.

Back then, I was the guy who showed up early, stayed late, and asked questions. I wanted to understand every part of the business, not just my lane. That helped me move up quickly.

What were some early lessons you learned on the ground?

Don’t assume you know more than the people doing the work. I remember early on, I tried to change a service process without speaking to the technicians. It backfired. They knew the process better than I did. From then on, I always walked the floor, asked questions, and listened before making decisions. That approach served me well throughout my career.

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You eventually became Market President at AutoNation. What was that like?

That role was intense—in a good way. I was responsible for 22 franchises across 18 rooftops, managing more than $1.5 billion in annual revenue. Every day was different. You’d be talking strategy one minute and solving a customer issue the next. But at that scale, the challenge is consistency. You need systems, yes, but you also need strong local leadership and a clear culture.

I made it a point to spend time in the stores, not just behind reports. When you’re dealing with thousands of employees and customers, the only way to keep things on track is to stay connected to the people. It’s not glamorous, but it’s effective.

After decades in operations, you moved into tech. What led to the founding of Automotive IntelliQence?

Over the years, I kept seeing the same issue: dealers had tons of data, but they weren’t using it in a way that helped their people make better decisions. I wasn’t looking to build the next shiny dashboard—I wanted to build tools that worked in the real world.

Automotive IntelliQence came from that. It’s about giving frontline teams the insights they need without adding friction. The aim wasn’t to replace people—it was to support them. I believe tech should fit into the flow of work, not disrupt it.

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What changes in the auto industry have surprised you most?

Honestly, I’m surprised by how quickly digital retail has been embraced on the surface—and how slowly it’s being implemented underneath. There’s a difference between offering online car sales and actually integrating digital into how your team works.

There’s also a growing gap between customer expectations and dealership processes. People want transparency and speed, but many systems are still clunky. That’s where smart tools, better training, and leadership make the difference.

What was one of the hardest leadership challenges you’ve faced?

Hiring the wrong leadership team in a new market. They looked great on paper—impressive backgrounds, polished resumes. But culturally, it was a mismatch. Morale dipped, and turnover followed. I had to step back in, reset expectations, and rebuild the team from scratch.

That experience taught me that values alignment matters more than experience. You can train skills, but you can’t train character. Since then, I’ve always hired with that in mind.

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How do you define success at this point in your career?

It’s changed a lot. In the beginning, success meant numbers—hitting goals, earning promotions, growing revenue. These days, I think about legacy. Did I help someone grow in their role? Did I build something that lasts? That’s success to me now.

Also, balance matters. I used to run myself into the ground. Now, I make time for golf, family, and quiet mornings. You can’t lead others if you’re running on empty.

What advice would you give to someone starting their career in this industry?

Start by listening. Spend time learning how the business really works—on the ground, not just in reports. Show up early, stay curious, and help solve problems. And when you make a mistake—and you will—own it. That’s how you earn trust.

Also, don’t chase titles. Chase value. If you consistently create value for others, the titles and promotions will follow.

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Looking ahead, what do you think the future of auto retail looks like?

I think we’ll see a mix of high-tech and high-touch. Customers want efficiency, but they still want trust. The dealerships that succeed will be the ones that blend the two well—using tech to remove friction, and people to build relationships.

And leadership will matter more than ever. You can’t automate culture. That still comes down to who’s in the room and how they lead.

Final thoughts?

Show up. Stay grounded. Don’t stop learning. That’s what’s worked for me—and it still does.

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Fidelity UCITS ICAV announces dividend payments for ETF shares

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Fidelity UCITS ICAV announces dividend payments for ETF shares

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