December 8, 2009

Be The First To Share Automotive Industry News

While the average person may not have much interest in automotive industry news, a lot of useful information can be obtained.  This would include the interesting reasoning behind why you can’t always find the car you want at a dealership.  Many consultants push for dealers to listen to the customers and their needs. Though this suggestion would work when you look at it theoretically, there are some things that are stopping it from happening.

Most of the time automakers are the ones that don’t meet those need or wants of customers, not the dealers. Inventory orders are a very prominent problem when it comes to this step in the process. Dealers will order on time, but those makers don’t always come through with the deliveries quickly.

Now that dealer is stuck with vehicles that are not what the customer wants or needs. At times it will mean a huge backup of inventory that will sit around for months. Those hard to sell vehicles need to go, but how are they supposed to go about the process?

As this continues to happen dealers are left trying to sell customers vehicles that are by far not their first choice, and that considers that they may not be given a choice of the vehicles they want.  As the automakers continue to ignore what the dealer is requesting, it continues to build up.

In that case the dealers are left trying to sell what are called “brown bananas”. It’s what that inventory is called as it sits around losing value as each day passes. So what do those dealers have to do to fix the problem?

Giving away the cars free, while it might thrill customers, is something that isn’t going to happen.  Even when they knock off a lot of money on the price, they are hurting themselves as dealerships are held to making a certain amount of profit. If they don’t make that amount of profit, they could be shut down.

Of course dealers could head back to the days when hard sells were being used all the time. However, that isn’t going to make a customer happy in any way. Many people hated to see a salesperson walking up them in those days.

Once there was actually a system that they used to make these hard sells. Asking a customer for the keys to their car so they could look at it for a trade-in value. This tactic would leave the customer stuck at the lot and at their mercy.

They would then begin a process in which they would wear you down over time and hopefully talk you into a sale. This was something that would convince many people that all dealers were bad.  This also had people getting vehicles they didn’t want and couldn’t afford.

According to Automotive Industry News, there should be a happy medium when it comes to making customers happy. The makers need to pay attention to the needs of dealers and customers both at the same time watch out for the Latest Automotive Industry News.

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