N.Y. BMW store relied on unusual marketing, a powerful brand and being fortunate during the Great Recession
Luck, a good location, unique marketing and a strong brand helped a BMW store climb into the black after opening just as the recession hit.
Expanding service, parts, body shop operations helped Toyota dealership weather the recession
North Carolina’s Modern Toyota reassigned staffers rather than let them go and relied heavily on fixed operations when consumers were servicing, but not buying, cars.
Prestige Auto lost 5 dealerships during the Great Recession, but efficiency and cash helped keep it steady
Operating lean, working harder to get financing for customers and selling more used vehicles softened the blow of losing five dealerships at Prestige Automotive.
Michigan dealer survived the Great Recession by selling vehicles that GM wouldn't supply
When GM gave him 18 months to close, Karl Zimmermann bought hundreds of new cars from other dealers and continued to pay his sales staff typical commissions.
Ascent Robotics brings a bit of Silicon Valley to Tokyo
Ascent Robotics, founded two years ago, hopes to deliver a Level 4 autonomous vehicle in two years and showcase it at the 2020 Tokyo Olympics.