It's happening right now in my area. The JD dealer that has been a family owned single dealership since the 50's in my town recently was sold to the dealership 50 miles north. They owned 6 locations prior to the purchase, weren't supposed to be many changes locally, the selling owner would stay on as manager for 5 years (retirement), same service manager ect. They did plan on a new facility, which was needed and the reason the existing owner decided to sell.
In the 15 months since the sale the buyer has bought three more dealerships in the area, has already closed one and is closing another as we speak. They're building new in my town and about 60 miles away. In my town the guy who had been service manager for that last 20 some years was told when the new facility was open they had to generate the revenue of 3 stores, equal to that the previous store in my town and the two facilities they closed had generated and if the volume wasn't there to do it they had to raise prices until it did (huh?) The guy declined to stay on as service manager and will instead stay on as a mechanic (for now) The previous owner resigned as of Dec 31st rather than stay on as manager under the new ownership's agenda.
People don't know what to think, went from a customer friendly mom & pop operation to a greedy corporate entity with a spanking new facility. Guess we're lucky to get the new facility and the jobs in our town rather than be one of the facilities that was closed and then have a 40 mile drive to deal with the same entity or an even longer drive to a dealership they don't own which may be no better. In the end lack of competition is never a good thing for the customer.
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