Lexus London Leading The Charge To Financial Recovery
In the current economic downturn there are dealerships closing or scaling down their enterprises all over the country
. The car industry has been hit hard in the current climate and it is always nice to hear a success story coming out of the doom and gloom of the financial quagmire and that is exactly what we have at Lexus London's dealership on Park Lane.
While other dealerships have been scaling back their operations, Lexus London have continued to invest in the market and have refused to be dragged into the financial whirlpool of disasters. This dedication to service and quality through the financial downturn has caused the dealership to scope a local award for innovation through adversity.
It seems strange that it has now been over a year since the global economic crisis hit the worlds businesses and industries, for any company to still be standing after such financial restraints is testament to its strength and structure, but the car industry has taken a huge blow from the current crisis with sales of new cars hit hard.
Lexus London were particularly pro-active when it came to financial management and they started to plan ahead for what was to be a financially tough winter for the industry. A number of schemes were initiated to make the money stretch further.
The Lexus London group also kept introducing a range of new sales schemes to ensure that sales kept taking place. Sales were kept fun and a series of small competitions were initiated to spark incentive off between the sales team.
The techniques utilised by Lexus London's dealership has since been used by several more sites around the UK to help inspire and contribute to the regeneration of business within the motoring sector. With so many sad and distressing stories from other Lexus, VW, Audi and Toyota dealerships around the UK it has been really refreshing to hear some positive news.
It appears that the financial recovery is well underway and hopefully the car industry will continue to go from strength to strength from here, but there are definite lessons to be learned from what the sector has just experienced. Never again should manufacturers have car lots of product backing up. If there is no demand for the vehicles then what is the point in producing more.
Whether car dealerships slip back into their old practises is up for debate, only time will tell, but let us hope that they have all learned something from the experience.