Every day we hear of another big dealer group buying up another business or investing millions building new sites for franchises , i.e Marshalls, Ridgeway , Swansway to name a few spending anything between £5/10 million on JLR sites !
What are your thoughts when you see these massive investments in the motor trade, especially when you hear of how little margins are left on new cars when customers are buying from the likes of carwow ?
Plus the pressure to perform every quarterly with targets and pre-registrations , how /when does it become viable to invest these vast amounts ?
Your thoughts ?