Mike Manley
Mike Manley
difficult level markets number profit target
We don't have a target number for Alphas. But long-term, you will see more Alphas. We have a number of markets where we have too many dealers, and it is difficult for dealers to make the level of profit we want.
body dealer involved market needs parties resolve situation talk
But there are times we will talk to our dealer body in a market where we see there is a situation that needs to improve. We talk to the parties involved about how you would resolve the situation.
likes nobody wish
I wish we didn't have to do this. This is the most distasteful part of the job. Nobody likes it. It's never fun.
affects
If we don't have the right dealers in the right markets, it affects our volume.
key
One thing that is very important to us is if our dealers are profitable, and a key to profitability is throughput.
claimed fact initial involved piece tape video
But the initial piece of this was the fact that he went to the courthouse and claimed he was involved in the surveillance video tape and he wasn't.
average indicator key opportunity profit toyota
Toyota dealers on average have significantly more throughput than our dealers do. And we know that throughput is a key indicator of the profit opportunity for a dealer.
against concerned firearms major message sent surprise
The mistrial is a major surprise and disappointment. We are concerned about the message being sent to this community, especially to those who would use firearms against another person.
aspect assignment case involved presence thursday video work
He is in no way involved with the surveillance video or any other aspect of the case as part of a work assignment or otherwise. His presence at the courthouse on Thursday was not work-related.
chicago domestic toyota
In New York, Chicago and Boston, the domestic manufacturers have significantly more dealers than new entrants like Toyota and Honda.