You may have heard or read that after 16 months of not selling vehicles with an open recall that Mike Jackson, CEO of AutoNation, has now decided to change the policy.
No doubt, the recall thing has been a mess and a tough item for those in the retail automobile business to deal with. I for sure, haven’t had any great answers for solving the problem.
Accord to this ARTICLE Mike Jackson was betting on Hillary Clinton getting elected and that she would implement legislation blocking the sale of used vehicles with open recalls. What a bad 16-month bet that was.
I don’t know Mike Jackson. I’m sure he’s a very smart guy or he wouldn’t be where he is today. What I do know is that he started in the trenches and has a lot of success in our industry and I have a great deal of respect for his journey.
Forget about the lost revenues; The stress of having to deal with these unsaleable units over the last 16 months has had to have been a real bear.
It’s a tough view from the 13th floor in Ft. Lauderdale, but a much tougher view from the showroom floors around the country.
That’s all I’m gonna say, Tommy Gibbs