It is my opinion the Volume Bonus/Discount is the still the root cause for the ripped up deal, for all the reasons I already mentioned in my first response. Mr. Johnson is correct, it didn’t just start at the AHW-Lieb Ripped Up Deal, but it has been behind the scenes.
Today the top 100 dealers all have 10 stores or more! The top 20 dealers average 36 stores each and average 1,500 employees each! Who do you think waves the big stick at dealer meetings today? Sometimes I wonder about anti-trust/monopoly implications.
Source: Whitney McFerron and Andrew Mayeda, Bloomberg
The Canadian government will introduce legislation tomorrow to end the Canadian Wheat Board's monopoly on marketing wheat and barley in the country's biggest growing region, Agriculture Minister Gerry Ritz said today.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at how the latest round of interest rate cuts will impact dealers’ floorplan payments.
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