Five Questions With is a monthly Q&A segment on AutoFinanceExcellence.org that offers a glimpse of what senior industry executives are thinking about outside the boardroom. Read on to find out.
Having founded six companies over the past 25 years — including two which have gone public — Daniel Chu considers himself a serial entrepreneur.
Now, as founder and chief executive of both Tricolor Auto Group and Ganas Auto Group, he’s at the helm of one of the nation’s largest used-vehicle retailer focusing on the sale and financing of vehicles to Hispanic consumers. The Dallas-based lender leverages artificial intelligence and machine learning throughout the company’s operations, from underwriting to call centers and reconditioning centers, which service the vehicles coming through Ganas dealerships.
Despite Chu’s experience in the auto industry, which dates back to 1992 when he was president of PAACO Automotive Group, he said moments from his basketball career — both playing and coaching — have had some of the biggest influences on his career.
Auto Finance Excellence asked Chu five questions to find out what his company goals are, advice that helped him succeed in an ever-changing industry, and a surprising fact that his colleagues would never suspect.