Contingency plan for automotive industryA wide range of enterprise-crucial dangers face today’s automotive supplier. The industry’s typical yield on subprime notes financing utilized cars is 25-30 %. Add to this the truth that the same vehicle can potentially be financed 2-4 instances, and the profit possibilities improve even a lot more. An added benefit for the customer is the chance to increase their personal credit rating, and through trading up, give them with a newer, nicer vehicle in the process.

An April 1995 problem of the Marketing Journal mentioned DeLeon Automotive Group, an auto dealer chain, planned a 3-year, $400,000 project to retrain nearly 500 staff. Mr. DeLeon believes his dealerships are only as good as the men and women functioning in them. He hired consultants to boost the responsiveness of his personnel. He also hired Primary Frame, an national database management firm which targets automobile dealerships, to increase the … READ MORE >>>