Car dealers get no satisfaction

AGOURA HILLS, Calif. - If consumers dread facing a car dealer and negotiating for a sales-price, they might be surprised to learn the feeling is mutual. According to a J.D. Power and Associations "2000 Salesperson Satisfaction Study"T based on a representative national sample of more than 4,300 new-vehicle salespeople across all major manufacturers' nameplates, nearly a third indicated a strong desire for stress management training and 11% said they plan to get out of the business altogether. Consumers may also be surprised to learn that when new-vehicle price negotiations get down to the wire, their salesperson may be sweating just as much as they are, said Chris Denove, director of automotive retail/distribution analysis at J.D. Power. He noted that when a customer walks away from a deal, most salespeople don't make "a dime" on commission, no matter how much time they've invested on that customer.

Comments

More News

Resource Center

View All »

The Seven Sins of Spreadsheets

This white paper will identify the Top 7 issues which businesses using spreadsheets to manage their fixed asset data are failing to address.

How Enterprise Software Helps Financial Services Firms Improve Efficiency and Reduce Costs

This white paper describes how enterprise software solutions, when built on a flexible and adaptable technology platform, can help financial services firms streamline workflows, consolidate...

Getting Ready for IFRS

This white paper describes how your company can make the transition to IFRS in a timely and cost efficient manner as well as what your...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings