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40 Under 40 Honoree: Nick Varney | Varney Auto Group

Nick Varney is the vice president and general manager of Varney Auto Group located in Maine. He oversees many departments in his position, including digital marketing and social media, but is primarily focused on inventory management in 2024. Last year, he won his nomination for the inaugural CBT News 40 Under 40 Award, recognizing automotive professionals for their contributions to their dealerships and the car business as a whole. To learn more about his career journey and his plans for the future, CBT News anchor Jim Fitzpatrick joins Varney for an exclusive interview.

Key Takeaways

1. Varney has played a crucial role in helping the dealership group balance its inventory in line with demand since the COVID pandemic. His efforts have helped the company boost profit margins and maintain impressive vehicle turnover rates.

2. His proudest achievement is his graduation from the National Automobile Dealers Association Academy. Although he is a second-generation retailer, Varney was the first in his family to network with others in the industry and integrate his dealership group into the wider automotive community.

3. In the next five years, Varney hopes to help his dealership group expand across its current region and assist his team members as they continue delivering excellent service to customers daily.

Read Nick Varney’s complete CBT News 40 Under 40 profile here.

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CBT News Staff Writer
CBT News Staff Writer
For over 12 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

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