How many more dealership closures coming?

[GreenGiant 287]

Recent casualties:

Crawley Down Group - 80+ years in operation

Swain & Jones Group - 100+ years

etc etc

"Rising costs and falling margins"

Thin end of the wedge?

[umesh 336]

Always a great shame to see dealers closing down , especially the well established 'old ' names!

Two questions - Is that they haven't adapted to changes ?

or customer behavior /loyalty changing ? ..

because falling margins/overheads affects every business, some massive growth with other dealers/groups ?? which means do they have a different' business' model ? 

[jimreidvehicle 255]

Rising Costs and Falling Margins.............and the cause of both? Yip you've got it, our Suppliers! or most of them anyway! Prices always go up however the industry and especially the independents can no longer sustain this pain, something has to change, big style!

[Cornish Guy 45]

A lot of large players out there with huge debts. Some are being propped up by the manufacturers still!