Share On Social
GIE+EXPO: Dealer Impact
The 2008 GIE+EXPO in Louisville featured the three “Es” on every dealer’s mind: The economy, the election and ethanol, though not necessarily in that order. In case you missed the GIE+EXPO, here’s the scoop on what industry leaders, suppliers and dealers had to say about the dealer outlook, especially when grappling with those three “Es”:
- Financing and credit extensions are going to be much tougher to come by in the next year-plus. Dealers need to be more cautious and smarter than ever when buying from suppliers and seeking optimum inventory levels. Finding good, old-fashioned local sources of credit is imperative.
- Opportunity abounds for dealers on the ethanol and renewable fuels issue. Dealers have a great new way to differentiate their businesses from mass merchants by positioning themselves as fuel experts and providing consumers with the right answers for operating equipment in an ethanol-blended fuel marketplace.
- Tough economic times are when it’s super-important to keep an eye on reducing costs and increasing operating efficiencies while bolstering your dealership’s market strengths and service capabilities. It’s also important to be open to new markets and niche products that enable business growth. “Simple change is grounded in the past,” said Husqvarna’s Dave Zerfoss. “Instead, look to transform yourself to meet the future.”
Latest News
BCI Adds New Service Department Training
Bob Clements International (BCI), a leader in dealership training and development has added a new training program to its arsenal, “Five Weeks To A Profitable Service Department!” Part of the…
Kubota Awards “Kubota Hometown Proud” Grants
Kubota continues its commitment to invest in hometowns across America with its Kubota Hometown Proud community grant program, awarding $600,000 in grants to five communities for 2023. Kubota…
Russo Power Equipment Makes More Acquisitions
Last summer, Russo Power Equipment, a Midwest dealership group based in Illinois, began expanding its footprint by acquiring two Indiana dealerships: C&C Distributors in Fort Wayne and…