Will the Goliaths gobble the Davids?
Many in the industry say 2008 will be a make- or break-year. We agree with that and we speculate that it will be a survival of the fittest story, with the Goliaths gobbling up the Davids.
The Davids could be holding on until the economy rebounds and then sell for the best possible price. And why not, that’s a prudent way of doing business.
We found it interesting when MarineMax, in its teleconference call Thursday, said it is grabbing market share from weakened competitors, and expects to snap up more dealerships when market conditions are right.
If all this comes to fruition, then we’d be writing about the lack of competition within the marketplace. Something to look forward to.
What do you think will happen in 2008?