Tuesday, December 30, 2008
Eckenhoff Cadillac Buick Pontiac GMC - Jenkintown, PA
Not quite dead as of 12/30/08, but soon. GM took back all the inventory.
Monday, December 29, 2008
Michael Holly Chevrolet Kia - Lakeland, FL
December 22, 2008. Holley has been charged with 26 counts of grand theft and more.
EDITORIAL on Automotive News Headline: S&P downgrades five top dealer groups
No surprise there. The big dealer groups have never fully realized their potential. Sure, some have centralized accounting, etc., but for the most part they have never fully taken advantage of some of the economies of scale available to them. Lithia seems to be the exception, however they have hitched their wagon to traditionally weak brands.
Ask the big wigs at the publicly held groups and they say "our dealer operators are entrepreneurs." OK, if that is true, then why not be just a holding company with no national staff? This economic crisis has demonstrated that most GMs can't think their way out of a paper bag (more on that later).
If the big groups really want to provide added value, they would have uniform procedures, uniform vendors (even for uniforms), etc. so that one employee could be picked up and moved and wouldn't even blink.
Ask the big wigs at the publicly held groups and they say "our dealer operators are entrepreneurs." OK, if that is true, then why not be just a holding company with no national staff? This economic crisis has demonstrated that most GMs can't think their way out of a paper bag (more on that later).
If the big groups really want to provide added value, they would have uniform procedures, uniform vendors (even for uniforms), etc. so that one employee could be picked up and moved and wouldn't even blink.
Wednesday, December 17, 2008
Tuesday, December 16, 2008
Monday, December 8, 2008
Pensinsula Dodge Hyundai - Redwood City, CA
November, 2008
Part of the Denny Hecker closing (Minnesota)
Part of the Denny Hecker closing (Minnesota)
Thursday, December 4, 2008
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