[Smoke Pursuit]

I said this in another thread. I believe we will see more car companies exit Australia over the next few years. Profits are way down, things like longer warranties to stay competitive are all costing them a fortune.

The other thing is dealerships are no where near as profitable as they used to be due to changes in consumer credit, which means franchisees are going back to manufacturers looking for bigger incentives to stay afloat. The industry is nothing like it was 5 - 10 years ago.