Bermuda

Details

  • Service: Advisory
  • Industry: Financial Services
  • Type: Publication series
  • Date: 7/11/2013

Automotive Now 

The 1/2013 edition of the AutomotiveNow magazine presents current concepts and new ideas which demonstrate how the automotive industry is dealing with the changing nature of automotive dealerships.
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For the average automobile dealer from one of the traditional markets, the good years are long over. Many small dealerships have already had to throw in the towel. Outside of the boom countries of the Near and Far East, buyers are holding back. Profit margins have been shrinking worldwide for years. And manufacturers are obligating their authorized dealerships to remodel their point of sale or add new buildings with a regularity that the latter find difficult to finance. ‘Grow or die’ could be their motto. But it’s not that simple. Today, larger sales areas can t promise success; sales do not guarantee profits.

 

 

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