Posted 12:01 am U.S. ET, Sept. 20
On Thursday night, I watched dealer Karl Zimmermann officially dedicate his refurbished George Matick Chevrolet building in Redford Township, Mich.
Like every grand opening, it was highly predictable: food, drink, balloons, local performers, extra shiny vehicles and some speechifying.
Like every grand opening, it was unique. Highly personal to all gathered.
Pick a day, ... Continue reading "Why Detroit is a small town, big city for auto dealers" » Sep 20, 2014 12:01 am U.S. ET Post Comment
What a bubbly month August turned out to be.
Good news pretty much anywhere you look. U.S. auto sales up. Lotsa folks won big percentage gains. Average transaction prices rose more than incentives. And a Labor Day surprise pushed the month beyond merely matching last year’s blowout August into the best monthly selling rate since January 2006.
But forget the normal ...