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Autowelt looks for franchise partners; German car dealer plans massive expansion of its networks.(News)(Autowelt AG)(Brief Article)

Automotive News Europe,  November, 2003  

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Byline: Bettina John

Autowelt AG, one of Germany's largest car dealers, is planning to use the reorganization of Europe's dealer network to boost its growth dramatically.

Autowelt is currently looking for franchise partners across Germany. The plan is to increase the number of its sales locations to 150 and to sell approximately 34,000 cars a year by 2007.

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Autowelt's potential partners are dealers who had their contracts with car manufacturers terminated as a result of the new block exemption rules that took effect October 1 and who are now looking at becoming multi-brand ...

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