It is important to be open to the other person's point of view. I could not tell if Moshe Stopnitzky was objecting to using a multiple for arriving at an asking price for the dealership or for just arriving at an asking price for the blue sky.
Lots of rules these days from brands that have very little market share. Lexus started out with rules that are no longer required, such as advertising guidelines, that Cadillac and Lincoln still hold dealers to.
Volkswagen Group deserves praise for pre-emptively engaging with its dealers globally to ensure that they are prepared and protected as the industry moves further toward electric vehicles.
What incentives did buyers of Henry Ford’s Model T have?
From the perspective of Detroit, renegotiating the North American Free Trade Agreement is like rearranging the deck chairs on the Titanic.
Moshe Stopnitzky belittles the multiple of earnings (goodwill) approach as a “rule of thumb” that uses a wide range of supposed multiples and leaves unclear what definition of earnings should be used.
No one doubts the capabilities and levels of modern technology, but I just don’t believe that a free society would be ready for the enactment of air traffic control levels of obedience for stop signs, traffic lights and speed limits.
With the recent downfall of many media people, including Charlie Rose, maybe the entertainment industry could use a lesson from car dealers.
A crisis like this calls for leadership and transparency, an end to the culture of secrecy and stigma that discourages drug abusers from getting help.
Pronouncements grab headlines. Vehicle deliveries make up market share. Successfully mass-producing vehicles is hard.