Home
entries friends calendar user info Previous Previous Next Next
Good morning dear diary - Chrysler Dealer Attrition: Cunning Plan or Cratering Sales?
I shall tell the most different things.

Advertisement

[info]reurigsd
Add to Memories
Tell a Friend
Chrysler Dealer Attrition: Cunning Plan or Cratering Sales?

Originally published at Car News Articles. Please leave any comments there.

“Chrysler LLC reduced its number of U.S. dealerships by 196 in the past year and increased the percentage of outlets selling all of its brands, as the automaker tries to create a stronger sales network.” That’s one way to look at it. The alternative theory– that the “reduced” dealers simply went belly-up– doesn’t get a look in from Bloomberg. Reading between the lines… “The pace of consolidation may be quickening as falling real estate values and declining auto sales convince more of the Auburn Hills, Michigan-based company’s dealers to sell,” ChryCo executive vice president of sales for North America Landry told Bloomies. It would be interesting to know to whom these dealers sold. Meanwhile, the ailing American automaker claims 3,488 outlets at the end of May, a decline of 5.3 percent from a year earlier. So what of Project Genesis, Chrysler’s attempt to consolidate its dealers into tri-branded stores? The hard numbers are notable by their absence. But we do get anecdotal evidence of the plan’s progress. “John Gunning, owner of Manassas Dodge in Manassas, Virginia, said many Chrysler dealers in his area can’t afford the risk of borrowing money to buy another franchise and build a new dealership as auto sales decline.” Hey! Maybe Chrysler could buy-out the dealers? Uh, maybe not.

Read more

Tags:

profile
User: [info]reurigsd
Name: reurigsd
calendar
Back July 2009
1234
567891011
12131415161718
19202122232425
262728293031
links
page summary
tags

Advertisement

Customize