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If auto manufacturers thought they could improve their dealer model, they would have long ago. A few big dealers make it easy for them, which they like because they're inherently lazy. (Who can doubt this having witnessed their past performance?)
Oct 23 09:14 am
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All Comments by Paul Killinger »The Changing Model of Auto Dealerships Presents Long Term Investment Opportunity [View article]
As for dealer chains being able to increase markups and profits, this is utter nonsense. Buyers can now easily access invoices, incentives and used car values on-line, and this trend will only continue to grow as time goes on.
Savvy consumers even compare prices at DIFFERENT Wal-Marts, so they're now going to begin to overpay for vehicles? I doubt it. But I'll say this, whatever these guys are smoking it must be some terrific stuff!