Alan Haig answers questions in this Automotive News Buy-Sell Expert Q&A about how smaller automotive retail groups and independents can future-proof their dealerships.
Questions answered include:
- As consolidation in automotive retail continues at a record pace, what’s the most important thing smaller auto groups and independents need to consider to not only survive, but thrive?
- How many dealerships will a dealer need to own to thrive in the future?
- If you owned a dealership, would you want your child to become a dealer one day?
- Growing from two stores to ten or more sounds difficult. How likely is this to happen?
- If a dealer decides he doesn’t want to grow but is not sure about selling, how can he test the waters without disclosing their intentions?
- How do dealers recruit the best and the brightest people to create a new generation of leaders?
Read the full article here [may require a subscription].