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Originally Posted by GrussGott
Quote:
Originally Posted by trey100
The dealerships in Manhattan in that area are factory owned. I think the rationale in my opinion is that owning a car dealership in Manhattan, especially one as big as BMW of Manhattan is not cost effective from turning a profit perspective.
A lot of retail shops in Manhattan are used mostly for advertising more so than net profit. Rents depending where you are in Manhattan are running $300-$3500/sf. Lower rates of course for bigger spaces. Even so, BMW occupies more than 300,000 sf in Manhattan.
http://www.autonews.com/article/2012...-state-of-mind |
The question is do we have more than that article to go on ... I think Dackelone and MRCUR are correct and it's not just a state-by-state thing (as is the case for Tesla) it's also an international corporate direct-sales thing.
I think that article is wrong.
Also, BMW AG does have "brandstores" and NYC isn't listed as one. |
The article I posted not only called them factory owned but explained the issue they had with factory owned dealerships and conflicts with privately owned ones. It said the new regulation was passed in 2009 but they were grandfathered. That's a lot of content so it seems reliable.
Also here but same source:
http://www.autonews.com/article/2013...e-trendsetters