Jean-Luc Rousseau, who was beforehand senior principal for Quebec at Templeton Marsh, is not with the corporate, Akhavan mentioned.
Akhavan additionally expects dealership consolidation in Canada to proceed apace, with Quebec being no exception. He pointed to the getting older supplier physique and arunof14orso“very good years” because the 2008 monetary disaster as two key causes that many sellers are contemplating promoting.
The subsequent 5 years appear like far much less of a certain factor, Akhavan mentioned.
“Changes in the geopolitical dynamics of the world, inflation, electric cars, interest rates, thea gency model that the OEMs are looking at, the prohibitive cost of real estate — it’s just all sorts of things that are now leading to potentially a perfect storm.”
Relatively small Canadian dealership teams are staring down these challenges, Akhavan mentioned, and selecting between the better stability that comes from including rooftops — or the exit.
“You’ll always find a dealer group that’s got five or six stores that’s going to buy, and then another one that says: ‘Yeah, you know what, I don’t want to do this. I’m going to sell.’ ”
Gagnon will focus almost completely on enterprise growth as a part of the Templeton Marsh group, Akhavan mentioned.
Source: canada.autonews.com