Domestic dealers in this area have been going through constant adjustments over the last few years. Revenue has declined, profit has declined and we're not getting the return on investment we did three or four years ago.
In the years I have been in the business, I had not faced a drop of that magnitude before.
When you look at medium vs. large SUVs, I think there is already a lot of back-and-forth shopping and buying between those segments, and that will continue.
Greg has been a true friend to the dealer body going all the way back to his days in Texas. We will miss his warmth, candor and support.
