Quote:
Originally Posted by V8 Fireworks
Is it really that difficult?
Toyota make it look easy. Being a Toyota dealer is like a licence to print money!
It's a shame General Motors were not able to follow Toyota's example...
|
Licence to print money?
If it WERE that easy, everyone would be doing it. Used to be that a REALLY, REALLY well-run dealership in a capital city could make around 4% bottom line. These days that is more like 2%-2.5% - in a volume dealership that still equates to a lot of dollars due to the sheer volume of business but it's a small return in proportion to the amount spent and it doesn't take much for it to go South.
In comparing Holden to Toyota, you also need to bear in mind that other than the Aurion, which was half done here, Toyota was not designing, engineering and developing cars here in Australia - instead building Camrys here, which were designed and engineered elsewhere. With the VE Commodore alone reported as a billion dollar design / engineering exercise, clearly that makes a significant difference.