Industry Overview:
Automobile Dealers - Luxury
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Call Preparation Questions
How does the company perform during adverse economic conditions or periods of weak demand?
Consumer demand for luxury autos fluctuates widely, causing unpredictability in dealer revenues.
How does the dealer rate its relationship with vehicle manufacturers?
Automakers need new high-end products to draw brand attention and gain prestige; however, dealer relations with manufacturers have always been tense, with many auto dealers saying that car makers shift too much of the cost of business to them.
