In a recent Wells Fargo “Economic Financial Commentary” (by Paulson at WellsCap), the commentator takes the position that although the on-going economic recovery is slower than recoveries from down-slides of twenty-five or more years ago, it is comparable to other recoveries since then. We had better get used to it and not wait for the “boom”, because those who do so may get left on the sidelines.
That goes for motor vehicle dealers who are reluctant to take advantage of financial institutions‘ increasing willingness to lend to dealers, especially for much urged (by franchisors) capital improvements. Some large auto groups have even said they expect that reluctance by some will lead to some good dealership acquisitions. That may spell some work in the future for Virginia motor vehicle lawyers.
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