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Mike Rodriguez, general manager, Braman Honda, Palm Beach, FL.
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Rodriguez: Honda (Financial) was a little bit slow to react with the remaining ’08s. I believe they could have acted quicker – and like every other bank, they’ve slowed down the way they are buying deals. They’ve changed the way they are buying business. They need to step up a little bit more with that.
Ward’s: Anything unique you are going to try in ’09?
Rodriguez: We are changing a little bit of our advertising (philosophy). During difficult times, everybody seems to be lowering their budget, but we are looking to increase it more and change our approach. We’ve been here for 25 years, and we have been the No.1 store locally, so we are letting (consumers) know we are here for their automotive needs.
Ward’s: What vehicle do you drive each day?
Rodriguez: Obviously Honda. I drive a Pilot.
Ward’s: Read any good books lately?
Rodriguez: I’m reading a book on economics by Peter Schiff. He predicted this would happen with the economy four years ago. Everybody thought he was crazy.
Ward’s: Are you heading to New Orleans for this year’s annual convention?
Rodriguez: Yes, I’m planning to attend this year, but I haven’t for the last four years. I was out of town, or the timing didn’t work. But this year, I am planning to attend.
Ward’s: How do you think 2009 will play out?
Rodriguez: Every expert is saying we are going from 17 million to 11 million car sales, so now it’s going to be relying on your staff – having an experienced staff so you can maintain your market share and try to grow it a little bit. Experience will carry big weight.
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