01-22-2008, 08:22 AM | #1 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
GM wants to step-up Dealer Consolidation
GM's CEO, Rick Wagoner, indicated that GM wants to step-up the pace of dealership consolidation.
GM's goal is to have dealerships consolidate into one of the following four channels:
Here's a link to the news report: http://ap.google.com/article/ALeqM5i...TaPVAD8U9G7903 |
02-05-2008, 10:41 AM | #2 |
Lotus Factory Guy
Join Date: Jan 2008
Posts: 182
|
At the recent BPG Driving the power of 1 meeting in Vegas GM made it clear to us that this was going to happen and that if you were not a channeled dealer that you should consider looking into partnering with or selling to make this happen. It looks to be the future for GM and a profitable dealer base.
|
02-07-2008, 11:37 AM | #3 | |
Member
Join Date: Jan 2008
Posts: 52
|
Quote:
|
|
02-12-2008, 09:43 AM | #4 |
Administrator
Join Date: Nov 2007
Posts: 14,869
|
In a recent presentation GM's CEO, Rick Wagoner, indicated that GM has closed 600 stores over the past 2 - 3 years and hopes to step-up consolidation.
He indicated that by year's end 80% of the sales for GMC, Pontiac, Buick would be through "channeled stores." (Stores that had all three brands under the same roof.) Interestingly, he indicated that the biggest barrier to consolidation was that "none of the dealers wanted to sell." Given the weak economy, I wonder if that will remain as an obstacle? A question for the GM dealers:
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Dealership consolidation | kaks | Sales | 5 | 10-07-2010 12:56 PM |
GM posts $1.3 Billion Profit and Whitacre to step down as CEO | XDCX | Sales | 0 | 08-12-2010 11:11 AM |
Rick Wagoner to Step down | okcarl | Sales | 5 | 04-14-2009 03:09 PM |