As more powersports dealerships consolidate from standalone shops into dealer groups — a trend that is expected to continue this year — the larger banks and financial institutions will begin to see more dealer business, Ozzie Giglio, dealer-operator for The Windy City Motorcycle Co., told Powersports Finance.
Dealer acquisitions have been occurring more this year versus previous years. The Windy City Motorcycle Co. is also following in this direction, with the consolidation of multiple Harley-Davidson dealerships throughout the Chicagoland and Southern Wisconsin markets.