Notifications & Messages

Jared Hamilton
From: Jared Hamilton
Hey - It’s time to join the thousands of other dealer professionals on DrivingSales. Create an account so you can get full access to the articles, discussions and people that are shaping the future of the automotive industry.
×
Paul Rushing

Paul Rushing Lead Generator

Exclusive Blog Posts

Why Educating Car Shoppers Is So Important!

Why Educating Car Shoppers Is So Important!

The average consumer doesn’t understand the complex dynamics of the automotive industry. In fact, they probably don’t even care enough to learn about i…

OP-CODES?

OP-CODES?

      At one time or another, we are all (assumably) guilty of running the same service specials online month to month. Asking …

Top 6 Things Car Dealers Do To Make Car Buying Difficult

Top 6 Things Car Dealers Do To Make Car Buying Difficult

[youtube https://www.youtube.com/watch?v=3R7Y3kZIDVg] Your Turn To Drive discusses Top 6 Things Car Dealers Do To Make Car Buying Difficult.  Jim D…

5 Benefits of Using Google AdWords Click-to-Message Ad Extensions

5 Benefits of Using Google AdWords Click-to-Message Ad Extensions

Looking for a new way to win over people more likely to send a text message than to call? Set up this free message extension for your text ads on the Googl…

Must-See NADA 100 Expo Displays for Fixed Ops

Must-See NADA 100 Expo Displays for Fixed Ops

New Orleans is ramping up for the 100th anniversary of NADA, and the convention promises to be outstanding. You’ll be entertained at the NADA100 Carn…

Dealerships are closing daily.  In my local market area over the last week eight stores have closed and a new group which owns three stores is teetering.  This after the announcement of the Bill Heard fiasco.  This has really affected a lot of people I know and the strong professionals have already repositioned prior to the notice of the closings.  I personally worked for a dealer that folded in the early 90's and probably held on longer than what was prudent before finding a new home.

When I look at the closing that have taken place one thing really stands out, in my opinion, is that these dealerships closing was long over due.  It was amplified by the current market conditions and poor management and consumer perception finally caught up. The groups that have shut their doors were constantly having problems even when business was good.

This has placed the dealerships that have sound business practices in a position to capture business that these stores were taking out of the market.  Yep the strong will survive and these ones standing are in a position to increase their market share.  It is capitalism at it's best.  The opportunities abound..

 

 Unlock all of the community & features  Join Now