Currently the automobile industry is experiencing some of the most dire times in decades and maybe ever. It has been a perfect storm of decreased demand, credit crunches, ballooning inventories, and decrease vehicle margins. However despite what the media might lead you to believe financing or leasing a vehicle is still possible. In fact VW has some of the strongest incentives in years and right now customers can experience some of the best deals ever as dealers struggle to liquidate heavy inventories. Although financing has tightened, financing a vehicle is virtually unchanged for people with credit scores above 600. The auto financing industry did not experience the same problems that mortgage companies did because they have always known that cars are hard to find to repossess, and that they always depreciate. Therefore their loan structure never allowed for incredible losses like the mortgages did when houses were viewed as investments that always appreciated.
Over the next months you will probably see many dealers closing their doors. I would predict that most of these dealers will have domestic franchises. The optimist in me sees these days a great chance to expand our dealerships as stuggling dealership go up for sale. Hopefully people will ingnore the gloom and doom media and purchase a vehicle during these times when the best deals can be found.
11/24/08
Parts #32 in the USA!
Congratulations to the parts department for a much improved YTD ranking of 32nd in the country in terms of VW parts purchases. Hopefully we can end the year in the top 25 and be in the top 10 next year.
11/8/08
#1 in Area 49!
Congratulations to the sales team for selling the most new VW's in the CO, UT, and NM region. It was also great to see that we sold 45% more new vehicles than October of 2007 in a market that was down over 30% year over year. Keep up the good work!
10/10/08
10/3/08
Congratulations to Sales and Parts!
The Sales Team was once again #1 in the Tri-State Region for new VW sales. The parts department was ranked #16 in the nation for purchases and #1 in the Tri-State region. Thank you for your hard work and dedication.
9/15/08
Congratulations to the Emich VW sales staff
Congrats for being the #1 sales team in the tri-state region again. I appreciate your hard work and dedication.
Turbo R32 runs 13.9 second 1/4 mile at 104 MPH
Click here to see our Turbo R32 beat a stock R32 by 2.42 seconds in a quarter mile race at Bandimere Speedway evelation 5860 ft. The time was a bit slower than expected, but pretty reasonable for running a 2.5 second 60' time. I am curious what time the car would run at sea level????
http://www.youtube.com/watch?v=RWsGT1DeDTU
http://www.youtube.com/watch?v=RWsGT1DeDTU
9/1/08
Turbo MkV R32 is here!
This car is amazing! The fully custom turbo built by C2Motorsports produces over 400 hp. They dyno'ed the vehicle and it produced over 300 hp and 300 ft lbs of torque to the all wheel drive wheels. That is over a 50% gain in power over a stock R32. It is the first turbo MkV R32 in the country and possibly the world. Well, I am off for another drive!
8/2/08
Emich VW wins area Parts/Service award for Q2
Emich VW #1 Sales in Tri-State area!
Thanks to the sales team for an outstanding July. They sold the most VW's in CO, NM, and UT despite having half the lot shut down due to construction. I can't wait to see how many we can sell out of our new facility.
Subscribe to:
Posts (Atom)
