Here are edited highlights from the latest episodes of "Daily Drive," Automotive News' weekday podcast, hosted by Jason Stein and Steve Schmith.
"Inventory is going to get worse before it gets better. And I think we're going to see it most evidently in the second quarter with pickup trucks."--Jonathan Smoke, chief economist, Cox Automotive
"GM could have basically dominated this market completely…. It was a tragic mistake."--Sandy Munro, CEO of consulting firm Munro & Associates, on the decision to abandon the EV1 electric vehicle
"My first year as CEO has been unforgettable. Someone was teasing saying Jim Lentz chose the best time to retire and you chose the worst time to be CEO." --Ted Ogawa, CEO, Toyota Motor North America
"There may be other opportunities just like this throughout the Bay Area."--Adam Simms, CEO, Price Simms Auto Group, on plans to build hundreds of housing units on top of a Toyota dealership
"We need leaders to be both in the exploit mode and the explorer mode. We have to exploit and get the best out of the businesses we run today … while we're asking our leaders to also think about what the future holds and what our next big initiative is going to be."--Janet Barnard, chief people officer, Cox Automotive, who's retiring in June
Listen to these and other shows at autonews.com/dailydrive