Skin in the game is always a nice motivator where business is concerned. That is one reason some dealership groups bring in the general managers of their stores as partners.
Sometimes the motivation behind that strategy is also to do something good for those GMs. That’s the case with the Bowers Automotive Group, I discovered when I interviewed Brad Cobb for this week’s profile.
He told me of a general manager partner the Group had just brought into the business. That new partner was building a new house, and was so excited, says Cobb. “It is a game changer for their families,” he says.
It’s too soon to say that new car sales growth has truly come to an end, but August figures pointed that direction. What does that mean for the dealership buy sell market and for valuations in general? Some of the top industry professionals offer their takes on those questions in this issue.
And don’t forget Transaction News.
Enjoy!
