Dealer confidence up
March 8th, 2010 by Richard Aucock
CAR dealers are feeling far more confident about their profit margins reveals a survey by the RMIF.
4 in 5 car dealers say they are happier about the money they’re making on the cars they sell.
This has been coupled with an improvement in the relationship with the franchise manufacturers, too. This has led the RMI to proclaim ‘green shoots’ are emerging – with the scrappage scheme contributing big to this.
‘Most dealer networks have reported improved profitability,’ said RMI director Sue Robinson. ‘The scrappage scheme has played a key role in achieving this alongside the work done by franchised dealerships in cutting costs, and streamlining their business operations.
‘Unsurprisingly, we’ve found that dealers were happier with manufacturers who have been more willing to collaborate with their dealer networks in setting sales targets and more ready to appreciate the difficulties faced by their networks in the current market.
‘At the time of survey there appeared to be a feeling of improved relationships and understanding for most dealers with their manufacturers.
‘Despite continued political and economic uncertainty in the coming months the dealers surveyed seem reasonably positive about their businesses in the next six months.’
Are you feeling confident for the months ahead?
Tags: confidence, franchise, RMIF