"We have hardly any high-line franchises, just one big BMW store and two small BMW stores. We have no Lexus stores, so we'd be hoping to buy one in the next three years. We'd also like to modify our mix so we're not so heavily domestic. About 38 percent of our sales are from the Chrysler group. Mostly, we like to acquire underperforming stores in small or medium markets. Sometimes people forget who they are. Every once in a while, we look around and say, 'Let's get that 1,000-unit metro dealer.' But then we realize that's not us."
Executive vice president
"I'm looking at deleting one of my slow performers, one of the Korean brands, because you can sell a hell of a lot of cars, but you can't make any money doing it. If I were to add a franchise, it would be Lexus. Unfortunately, they're not adding any stores."
Puente Hills, Calif.
"We are buying a Toyota store. All in all, we've tried to concentrate on imports, which in Canada are very strong. Lexus is very strong. Anything that's going to be superior service is strong."
CFO, Rowntree Automotive
"We're expanding the car lines we have. We have a satellite Saturn store in Santa Clarita, and we will be adding Lincoln-Mercury and Mazda there."
CEO, Galpin Motors
Van Nuys, Calif.
"We'd be interested in buying. That's what we do. I don't think people are going to start walking anytime soon."
Sioux Falls, S.D.
"Buying - at the right price. We are now because we needed the right channel, Toyota and Lexus primarily. We expect to see some of the smaller dealers sell out and consolidate. A lot of the domestics are not making the kind of money they'd like to make, so there are some opportunities. But it's all a question of price."
CFO, Phaeton Automotive Group
"If you have the human capital to do it, it's a great time to be growing your business."
Flow Automotive Cos.