Go Back   DealershipForum.com > Asian Franchises > Honda/Acura > Sales

Notices

Reply
 
Thread Tools Display Modes
Old 02-23-2009, 08:24 PM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,855
Default California Honda Dealer lost $120K in January

While I was reading an article discussing the possible sales impact the California Sales Tax increase would have on vehicle sales, I was surprised to read the following quote:

"Whatever happens to us affects the local economy," said Alex Tissot, general manager of Colonial Honda in Glendale. He said his sales fell nearly 40% in January, and the dealership lost $120,000.

I've heard about several Domestic stores in the L.A. area that were losing $100K + per month but I was surprised to hear that a Honda store would be losing that much.

If just reaffirms my belief about the risks associated with high rent factors.

Here's a link to the news report: http://www.latimes.com/business/la-f...,2673075.story
XDCX is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Is Honda going to kill-off their Ridgeline pickup? XDCX Sales 0 09-07-2011 12:48 PM
Customer Data LOST FixedOpsGuy Service 9 09-15-2010 12:03 PM
They are just lost. possum Finance 6 07-13-2009 08:19 AM
Another Chrysler Dealer in California has closed XDCX Automotive Discussions 0 04-03-2009 01:02 PM
Honda - 14 Years of Sales Growth XDCX Sales 0 01-04-2008 05:47 PM


All times are GMT -7. The time now is 01:05 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016