GE Capital Sales Finance Renews Suzuki Installment Lending Program
c Company, and American Suzuki Motor Corporation have announced a renewal of Suzuki’s popular installment lending program for consumers. The agreement continues a partnership that began in 2008.
Essential Components to Powersports Dealership Website Success
The website elements that draw in customers and keep them browsing.
December 2010 Year-End Data
This month, we look at December’s data and how it compares with 2009 for this group. While the 23.5 percent total store gross profit margin in Chart 1 looks slightly anemic from the benchmark of 25 percent, the margin change from last year is 4.3 percent. This is huge! It is certainly another positive indicator.
Suzuki Kicks Off Clearance Event, Offers $1000-Off Select Motorcycles and Scooters
Suzuki has announced a new sales promotion offering an $1000-off coupon on select motorcycles and scooters in combination with 1.99% financing through March 31, 2011.
Merrick Bank Joins Wolters Kluwer Financial Services’ AppOne Platform
Wolters Kluwer Financial Services announced recently that Merrick Bank has joined its AppOne platform. AppOne automates the indirect lending, credit approval and compliance processes for lenders and the auto, RV and marine dealers they work with.
RoadLoK Security Announces Tucker Rocky as New Distributor
RoadLoK Security and Tucker Rocky are working together to bring the RoadLoK system to dealers throughout the Tucker Rocky Dealer Network.
YTD October 2010 Data
At GSA we track current industry benchmark data through our real-time dealer 20-group data reporting analysis and comparison system. This month, we are going to look at actual October data compiled from one of our groups. The total store stats shown in Chart 1 show that gross profit for this group is hovering close to
Avoiding the Seven Deadly Sins
Shunning Negative Sales Practices
VION Announces Multi-Million Dollar Line of Credit for Sparta Lease Program
VION Receivable Investments (VION) recently announce its agreement to provide a multi-million dollar financing facility for the consumer lease program of Sparta Commercial Services, Inc. The Sparta program will offer motorcycle lease financing for non-prime consumers in more than 2,000 dealerships throughout the country.
Year-to-Date July 2010/2009 Data Comparisons
Last month, we looked at the June numbers. This month, we’ll see how July 2010 YTD stacks up when compared with 2009. These charts represent data averages compiled from top-performing members in selected groups. Chart 1: I’m pleased to report that total store gross profit is continuing to improve. More importantly, Net Operating Profit is
Two Guys and a Truck
The evolution of Helmet House
Dealership 101
MPN has teamed up with Gart Sutton & Associates and SEMA to present the 2010 Dealer Update Workshops Nov. 1-2 in conjunction with the SEMA Show in Las Vegas. 14 training sessions covering eight topics as well as two keynote discussions and an industry panel are open to all powersports dealers. In addition, dealers can browse the Powersports & Utility Vehicle section of the SEMA show floor to catch up with the industry’s newest innovations. Browse the seminar schedule below and visit www.semashow.com/mpn to register today.
Kawasaki to Kick Retail Sales into High Gear with GE Money Credit Program
Kawasaki Motors Corp., USA, and GE Money, the consumer lending unit of General Electric Company, have announced a new consumer financing program that will help rev up retail sales for the world-famous motor sports brand.
Working The Windy City
Chicago Cycle Expands Haehn’s Success
YTD June 2010/2009 Data Comparisons
Last month, we looked at May numbers. This month, we’ll see how June 2010 YTD stacks up compared with 2009. These charts represent data averages compiled from top-performing members in selected groups. Chart 1: Total store gross profit is continuing to rise as is net operating. Business is still slow, but these dealers
YTD May 2010 / 2009 Data Comparisons
How May 2010 YTD stacks up compared with 2009.