“What surprised us was the broad spectrum of people who showed interest in engaging with us on a VMC dealership — private-equity firms, new-car dealers, trucking dealers, large leasing firms, as well as one or two private individuals with no retail experience,” he stated.
When VMC started sourcing sellers for its new truck, LaGourgue stated, it began with British Columbia-based Pioneer Auto Group, which has 19 new-vehicle dealerships and the unique rights within the province to promote VMC autos. Pioneer introduced VMC and DSMA collectively, he stated.
“The nice thing about DSMA is they know the whole market,” LaGourgue stated. “They’ll exit and establish a number of sellers and determine who’s one of the best match.
“It’s like getting married. You want to have the right group, because unwinding is not that comfortable, not fun.”
SEEKING ‘GOOD-QUALITY DEALER’
The preliminary focus might be on sellers with a observe document in fleet and gross sales of Class 3 to Class 5 autos.
“People with a big footprint in the market, where we can see them as a good-quality dealer,” stated Chris Julian, DSMA’s supervisor of community improvement.
DSMA and VMC hope to announce the primary dealership exterior of British Columbia within the third quarter, Julian stated, with 9 extra by the top of the 12 months. The preliminary goal space would be the Hamilton-Montreal hall, however the firm plans to develop nationwide in addition to into the United States.
The VMC 1200 has a variety of about 250 kilometres on a full cost, stated the corporate, a load capability of two,700 kilograms (6,000 kilos) and a high velocity of 105 km/h. A full cost takes 5 to seven hours with a 240-volt Level 2 station, and about three hours utilizing a 480-volt DC Level 3 quick charger. The base value is simply lower than $150,000, not together with choices that vary from a dry field for deliveries to a dump field or flat deck.
VMC, which was based in 2008, plans to construct 2,000 VMC 1200s this 12 months, 8,000 in 2024 and 20,000 in 2025, LaGourgue stated.
Source: canada.autonews.com