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Do you think with the price of oil plummeting that we will see any of the Vehicle manufactures lower our cost of oil?

Torgy wrote:Do you think with the price of oil plummeting that we will see any of the Vehicle manufactures lower our cost of oil?

I can't speak to any manufacturer other than GM. I wouldn't hold your breath if you are a GM dealer. GM typically only gives lip service to dealer profitability. Although they have done a few things for dealers in the last couple weeks - they could do so much more. Lowering the oil, doubtful. I assume they signed a contract with supplier and will stick to it and stick it to us if they don't stick to it.

I would say a hard NO. I wouldn't be surprised if they increase it to be honest.

Response from my DPSM with this same question.

I reached out to the ExxonMobil rep. concerning the price of oil. She sent me the latest price sheet as of March. She mentioned that Exxon is in contact with GM currently discussing the latest updates. I’m sure the product that is the pipeline was purchased months ago. But as we get updates I will let you know.