ROMANOSKY AUTOMOTIVE

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AUTOMOBILE SALES

Everything to do with automobile sales, dealerships, market share

Designing Cars For The Second Owner

Designing Cars For The Second Owner

The Ford Model T was built to last and be easy to maintain. Henry Ford thought that the design and construction couldn't be improved upon, so he didn't try. 15M were made from 1909 to 1927 when it was finally replaced by the Model A -

How The Pandemic Will Change The Dealership Model

How The Pandemic Will Change The Dealership Model

A client of mine sent me the above podcast a few months back in response to one of my columns about the role of the car salesman. I found it very entertaining, and illustrative of the absurdity of the traditional sales model for new and used cars. One can'

Vin Who? That Was Fast

Vin Who? That Was Fast

Vinfast and the Vingroup are largely unknown in North America, but they are a very big deal in Vietnam where the Vingroup of companies account for 28% of the tradable stocks on the Vietnamese Stock Index and nearly 2% of the nation's GDP. Because of economic reforms similar

The Etch Scam

The Etch Scam

After an almost one year wait, our Hyundai Ioniq 5 EV came in. I'll do a review of it once I have a bit more time behind the wheel, but first impressions are terrific. I'm very pleased to be an EV owner as the novelty of

Supply Chain Woes

Supply Chain Woes

Supply Chain Woes And Depreciation (or lack thereof) A global supply network of 'Tier 1' companies supplying finished assemblies just in time, just in place leads to ultra efficient manufacturing. The logistics and complexity that have been mastered by automobile manufacturers is truly a wonder. Porsche's

Leasing Made Complicated

Automobile leasing is a funny business, and manages to confuse almost everybody. There are open and closed end leases, 'subvented' or discounted rates, and varying lease-end obligations. But it is probably the determination of the residual value which has the largest impact on the payment, and is the