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Sunday, 23 December 2012 23:17

Aaron Zeigler, President, Zeigler Auto Group

Written by  MiBiz Staff
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Aaron Zeigler, President, Zeigler Auto Group PHOTO: John Lacko
Even at the low point of the auto industry, Zeigler’s company was on a roll, debuting stores in West Michigan and in the greater Chicago area. The results have been positive. Before adding in the new stores Zeigler acquired or opened, sales grew roughly 18 percent from 20,500 vehicles in 2011 to 22,500 this year, driven by improvements to the general economy and historically low interest rates, he says.

“My impression is that economy has gotten better each year for the past three years, and I think it’s going to be better in 2013 than what it was in 2012. I think that the (auto) industry is going to run at about 15 million (units) next year, which is getting back to the historical average between 1980 and 2005. The industry is very healthy. They have the right cost structure in place and I think we’re going to sell roughly another million cars next year versus what we did this year.

"Everyone I talk to tells me they’re having a pretty darn good year, and ... everyone is optimistic going into next year. The great thing about the auto industry is that it affects about one out of six or one out of seven jobs. That just makes it stronger and stronger for everyone moving forward. (At Zeigler), we’re actively looking to continue to make acquisitions. We’re looking inside West Michigan for opportunities, but also outside the area as well. We were trying to get some deals done by the end of this year, but they’ll probably happen in the first quarter of next year.”

Read 6007 times Last modified on Thursday, 20 December 2012 20:25

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