GW Blog

Thoughts on Small & Medium sized Car Dealerships in Today's Consolidation Happy Marketplace

The World for Car Dealers has changed dramatically since 2008 when it seemed recovery may never come. Since that time sales have recovered and outside investors are more and more interested in buying up dealership groups. This has led to lots of consolidation in the marketplace and great opportunities for Dealers who now have to ask themselves...Should I stay in?...Should I get out?...Should I expand....Should I sell to someone who wants to expand themselves?

Tags:

automobile

car dealer

car

automobile dealership

NADA

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Employee Training is Key for Today's Automobile Dealerships

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May We Recommend

From time to time we come across business that can help our current and future clients and we hgihlight them here:

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Succession Planning…Why It's Important & Where to Start

It's not something you necessarily want to think about...but it is something you should think about. There will come a day when you no longer want, or are able to run your dealership. Who will take over? How do you protect all the value you have created? What are the opportunities to do this better? What are the pitfalls? Those are hard questions but with some planning and thought all those questions can be answered and a smooth succession of your business can take place.

So why do you need a succession plan? Many reasons:

Tags:

car dealer

automobile dealerships

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Keeping Up To Date For You

Recently I attended the member conference for the National Association of Dealer Counsel. It was a very interesting event and I enjoyed discussing all the critical changes and OEM challenges in our industry with many smart people.

Tags:

automobile dealers

car dealers

automobile dealer associations

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Spring Events

It seems spring has finally sprung around here. All the snow has left us and ocassionally we even get to see and feel the sunshine! And we've started coming out of hibernation as you can see with our upcoming schedule of events we'll be appearing at: