Malcolm Bricklin has released details for his proposed "Visionary Vehicles" dealerships. He says that dealers will enjoy 15% gross on each car sold. He also says that 250 dealers will be expected to sell 4000 cars a year per dealer.
Check out his proposed dealership:
>>Each Visionary Vehicles Auto Show facility will include a multi-storey main building 150 feet x 150 feet x 35 feet high with 22,500 square feet of space, an outdoor video screen 100 feet long by 35 feet high, a multi-storey service building 150 feet x 80 feet with 24,000 square feet of space and 20 service bays, a gallery-style showroom with 12,000-15,000 square feet of vehicle display space, a one-half mile on-premises test track, complimentary car wash, valet parking, food and drink and a supervised nursery providing child care.<<
A 3500 sq. ft. video screen? A test track? This sounds to me like more Malcolm Bricklin hucksterism.
Note that the dealers will help design and option the cars, and that a brand name for the cars hasn't even been chosen yet. These cars are supposed to come out as '07 models, and they have yet to pass US safety and emissions tests.
BTW - Chery, Bricklin's supplier, sold all of 90,000 cars in China last year.
FYI- Ford's sales in China all of last year were:
Ford Motor Co. has sold 38,000 vehicles in China in 2004 as of July 28, doubling its sales tally for all of 2003 and putting the auto maker on pace to reach its target of 65,000 units this year, a spokesman says.
I think Bricklin will screw it up too. He's managed to do that too many times in the past to stop doing it now. Plus, there's a huge cultural difference between us and China. What they accept as decent quality is simply not acceptable here, regardless of price. Bricklin is about to import the Asian version of the Yugo (in my opinion).