Belgian VW importer wants most dealers exiting

Posted on 04-04-2015 at 12:50 by sir_smokalot – 41 Comments”

D’ieteren, the Belgian little brother of Pon, put the knife in its dealers, and how: if the plans of the importer to continue remains just 15% of the current number of traders open.

D’ieteren is a publicly traded company that says worldwide 27.246 employees and a turnover of 5.5 billion euro to run. In any case it is the largest importer of Belgium, with thick a fifth of the Belgian automotive market in its grip. According to The Time it is within 5 years of the current 171 independent dealers reducing to 27 pieces, with the beoeling is that some of the large designated boys the smaller swallows.

That you without any scaling does not survive in the business may all take a while to clear, and is actually quite extreme in such a small country, apparently 171 independent VAG dealers are established, especially if it turns out that we’re only about Flanders. With the current schraapmarges are many dealers in heavy weather:

“The average margin of our dealers is down to 0.5 percent. That is an average figure, that all possible scenarios hides. Some are very profitable and get margins that are higher than 3 percent. Other are loss-making, the water is up to the lips‘. Was signed, Denis Gorteman, CEO of D’ieteren Auto.

Cruise

The announcement came during a bedrijfscruise with all the dealers on the Mediterranean Sea. Ergo: a whole club pissige dealers after the jobstijding no side. Smooth move, d’ieteren.

Thanks to Wouter for the tip!