chevrolet business elite
Transcription
chevrolet business elite
Chevrolet Business Elite DEALER QUICK START GUIDE AND GUIDE TO PROGRAM SPECIFICS MESSAGE FROM ED PEPER Greetings Chevrolet Business Elite Dealer, At GM Fleet & Commercial we are committed to becoming the #1 Choice among commercial customers in the industry. We want to help you succeed in your business by providing you with great products, innovative business solutions and the tools that will make for an exceptional customer experience that is sure to retain business and increase your bottom line. After all, Your Success Is Our Success. We recognize that we can’t do it alone – You play an integral role in the success of this Ed Peper U.S. Vice President GM Fleet & Commercial Operations program. We have been moving fast to develop, implement and execute initiatives to support our vision, deliver on our pillars and drive success for all of us. When we started down the path of developing a new commercial dealer program, naturally we started with business customers to fully understand how they define “an exceptional experience.” That definition, you’ll see, is the foundation of our all-new commercial dealer program. I’m pleased to introduce Chevrolet Business Elite – our new commercial dealer program. It’s designed to take the fleet and commercial business to the top by providing huge customer value small business buyers cannot get anywhere else. In the simplest terms, Chevrolet Business Elite is all about delivering on our third pillar: an exceptional customer experience as a means of driving even more success for those of you who want to take on the challenge of delivering on our promise and driving your business to the next level. The commitment, we recognize, might be different for each of you depending on your market, your opportunity and your business model. But no matter what the circumstances – whether you serve one or one thousand commercial and fleet customers – your commitment to deliver on our promise has to be resolute. We have the products, the innovative business solutions, the program, the passion, and with your help, the industry’s BEST TEAM. It’s now time to execute. Thank you, 2 CHEVROLET BUSINESS ELITE DEALER QUICK START GUIDE DEALER QUICK START GUIDE COMMERCIAL BUSINESS: THE MARKET “SWEET SPOT” Right now is the best opportunity for you to engage in the commercial segment of the market. Sales • There are over 400,000 businesses that own between 5 and 99 units. In total, these businesses have over 3 million units in operation. −−71% of these units in operation are Trucks. • Pent-up demand caused by the economic recession and aging vehicles in this segment has positioned it for a significant spike in sales. • There are an estimated three related sales for every one commercial sale: −−Every commercial customer has a personal vehicle, as do other members of the customer’s household. −−There are also employees of the commercial customers who have personal vehicles in their household. Service • According to data from GE Capital Services, every commercial unit is worth over $600 per year for maintenance alone! 1000+ 324 Fleets 265,253 Cars 908,879 Trucks 1,174,132 Total 232,560 Cars 500-999 586,240 Trucks 1,624 Fleets 818,800 Total 100-499 4,475 Fleets 15-99 11,837 Fleets 138,760 Cars 448,475 Trucks 587,235 Total 71,590 Cars 146,670 Trucks 218,260 Total 5-14 (Non-Fleet) 384,000 Fleets Includes corporate and utility fleets only. “Trucks” include class 1-5 trucks, vans and SUVs. Maintenance Cost per Unit per Year COST PER UNIT PER MONTH $700 $600 $500 913,120 Cars 1,931,300 Trucks 2,844,420 Total $673 $671 $642 1/10-10/10 1/11-10/11 $400 $300 $200 $100 $0 1/09-10/09 Source: GE Capital Services Total Number of Fleet & Commercial Vehicles in Service (1/1/2011)* ........................ $11.7M Annual Vehicle Spend:** •VehicleMaintenance&Repairs*** ........................................................................... $6.8B •TirePurchases**** ................................................................................................... $2.8B •G M dealers’ share of the annual commercial market service and parts business is estimated at $2.75 billion. TOTAL — Service & Tires ............................................................................................... $9.6B GM % Share of US F&C Sales (2010 MY)*=28.7% TOTAL GM & Dealer Opportunity***** ........................................................................... $2.75B (IncludesTires,Maintenance&Repairs.ExcludesCollisionRepairs) *Source:AutomotiveFleetFactBookGuide2011-2012AnnualEdition. **Estimated-Source:AutomotiveFleet—Nov2011,“AcrossTheBoardIncreasesHitAllOperatingCostsinCY-2011Pgs20-28.” ***Includesmaintenancerepairs(unscheduledservicessuchasbrakes,suspension,engine,transmission,electrical andother)andpreventativemaintenance.Source:AutomotiveFleet—March2011“OverallFleetCarMaintenanceCosts RemainFlatin2010-CY,Pgs16-24. ****Source:AutomotiveFleetFactBookGuide2011-2012AnnualEdition,pages36-37. *****Estimated,usingmixof45%Car/55%Truckandaveragedannualspendfor1-100Kvehiclemileage. Note:Calculationsexcludecollisionrepairs.EstimatedcostsforGasoline,Oil,Tires,Maintenance/Repaircategoriessuppliedby Automotive Fleet FactBook Guide. 3 CHEVROLET BUSINESS ELITE DEALER QUICK START GUIDE Commercial Customer Value Changing the way we approach our customers is at the heart of the new Chevrolet Business Elite program. We have strategically positioned this program to support the customer not just at the point of purchase, but throughout the life of their business. By elevating the importance of Service in the Chevrolet Business Elite program we have increased the number of times you interact with that customer. This creates an opportunity for you to grow your fixed operations, gain a better understanding of your customer’s business and position your dealership as a trusted and valued partner in their business. A Business customer could be worth up to $1.6 Million over the life of their business. Potential Average Average Average Average Years to Purchase Units in Vehicle Accessories Purchase Cycle Operation Transaction ($PNUR) at Price* Purchase** 40 4 years 5 $30,639 $219 Annual Service & Repairs/Unit*** $600 * Source: JD Power PIN Data through 8/31/12 ** Source: Channel Vantage VSNA National Sales Report CYTD as of 9/11/12 *** Source: GE Capital Fleet Services Chevrolet Business Elite … KEY FEATURES & BENEFITS FOR CUSTOMERS Providing customers with what they want, when they want it, is paramount to maintaining a positive, engaged relationship. Through the tools and resources provided to you, customers will recognize these benefits through: Dedicated Dealer Team that “gets” their business Business Maintenance Plan Work-Ready Vehicles on the ground Priority Hours Round-the-Clock Towing Work-Ready Loaners Business Maintenance Menu Pricing Zero Hassle Disposal Priority Service Business Financing & Leasing Options Business Incentives Peace-of-Mind that their business is supported 4 CHEVROLET BUSINESS ELITE DEALER QUICK START GUIDE Chevrolet Business Elite … KEY FEATURES & BENEFITS FOR DEALERS Chevrolet Business Elite incorporates a unique suite of exclusive benefits, business tools and resources designed to support your efforts and grow your business: Extended Floor Plan Allowance – Chassis Cab, Cutaway, and Cargo Van Work- Ready Loaners – Commercial Daily Rent Incentive (CDRAC) Dedicated Commercial Vehicle Allocation Chevrolet Business Elite Objective Achievement Rewards Business Analysis Web App Contact Tool or software Business/Commercial Co-op Advertising Support including a Dealer Advertising Toolbox Commercial Smart Auction Lane Chevrolet Business Elite Dealer Web Site Chevrolet Business Elite Training for Business Sales Managers and Account Specialists Dedicated Commercial Zone Manger and District Manager support Dedicated Commercial Product Training Specialist Commercial Opportunity Analysis Tool Chevrolet Business Elite… TOOLS TO GET THE JOB DONE Diving into a new market can be daunting at first. We have developed a robust series of tools and templates that will make the job of engaging the commercial segment easier. Chevrolet Business Elite leverages key technological innovations such as: • Commercial Business Analysis Tool – the Commercial Opportunity Analysis Tool located in DART is available to help your dealership build your business case and assess the opportunity available through Chevrolet Business Elite. • Business Analysis App – comprehensive web app tool that will enable your Commercial Business Specialists to provide your business clients an unprecedented level of service and customer care. 2012 Commercial Opportunity Analysis Tool This tool is intended to assist the dealer in developing forecasted revenue and expenses for a proposed commercial business operation. All green fields are the responsibility of the dealer. Prepopulated values are for information only. GM recommends that the dealer consult with its accountants and business advisors in completing this tool. GM takes no responsibility for the forecasts or estimates of the dealer in the completed tool. Dealer Information Dealership: City: State: 111391 BAC: Divisions Reflected1: Chevrolet DMA: Minneapolis Anytown Chevrolet Anytown MN Retail Performance 1,000 900 111.1 101.5 Retail Sales Retail Expected RSI CSI Index (RoofTop) Commercial Performance Commercial Sales Commercial AGSSA/APR Market Opportunity Commercial Sales as a % of Commercial Opportunity (A / B) Additional Opportunity Outside of AGSSA/APR Based on Average Performance of other Commercial Dealers (Based on Regional BC Composite2)3 Commercial Dealer Forecast A B C 159 120 132.5% D E 96 159 F G H I J $900 $977 $900 $143,100 $143,100 Commercial Opportunity Dealer Commercial Sales Profit Opportunity - Annual Dealer Per New Unit Sold (PNUS) Regional BC Composite2 Per New Unit Sold (PNUS) Dealer Per New Unit Sold (PNUS) Forecast Dealer Actual Commercial Sales Gross Profit (A * F) Forecast Commercial Sales Gross Profit (E * H) Dealer Commercial Service Profit Opportunity - Annual • Co-op Dealer Advertising Toolbox – robust set of commercially focused Ads, CRM, E-mail, Direct Mail, POP templates that will allow you to communicate in a way that resonates with your business customers. Warranty Customer Pay Dealer ROs Per New Unit Sold (PNUS) Regional BC Composite2 ROs Per New Unit Sold (PNUS) Dealer Forecast ROs Per New Unit Sold (PNUS) Dealer Actual Gross Profit Per RO Regional BC Composite2 Gross Profit Per RO Forecast Gross Profit Per RO Dealer Actual Gross Profit (A * a * c) | (A * g * i) Forecast Gross Profit (E * b * d) | (E * h * j) Dealer Actual Commercial Service Gross Profit (e + k) Commercial Forecast Service Gross Profit (f + l) a b c d e f m n 8 11.5 8.0 $75 $99 $75 $95,400 $95,400 Actual • Training – In-person and webbased training that will elevate the performance of your Business Sales Manager & Business Account Specialists. Estimated Cost Commercial Sales Manager Expense # of Commercial Account Managers Commercial Account Manager Expense Per Employee Total Commercial Account Manager Expense Personnel Expense Total Commercial Loaners Needed (minimum of 1) Commercial Loaner Floorplan Cost 2% Write Down Expense Commercial Loaner Shop Rental Expense (Comp, Collision, Liability) Commercial Loaner Total Advertising Expense Less Coop Reimbursements Advertising Total Inventory Floorplan Expense Training and Customer Contact Tool Expense Installation of 8 Ton or Higher GVW Capacity Lift/Hoist Expense 5 Monthly g h i j k l 3 3.9 3.0 $160 $141 $160 $76,320 $76,320 $171,720 $171,720 Forecast Annually Monthly - $0 Annually $0 $0 - $0 $0 - $0 $0 $0 - $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 IF A > B then A else B + D CHEVROLET BUSINESS ELITE GREAT PRODUCTS • INNOVATIVE BUSINESS SOLUTIONS • EXCEPTIONAL CUSTOMER EXPERIENCE DEALER QUICK START GUIDE BUSINESS ELITE STRATEGY: DELIVER ON THREE KEY PILLARS GREAT PRODUCTS INNOVATIVE BUSINESS SOLUTIONS • Breadth of vehicles: More than 40 • Extended Floor Plan Allowance • 14 Vincentric Best Fleet Value awards • Commercial Vehicle Allocation • Extensive number of fuel solutions (Diesel, FlexFuel, CNG, LPG, Bi-fuel, eAssist, Electric) • Commercial Smart Auction Lane • Fleet-only products – Captiva Sport, Police vehicles, CNG Vans, LPG Cutaways • Business Elite Dealer Web Site • Work-Ready Loaners • Business Financing & Leasing Options • Business Analysis App • Business Elite Achievement Rewards • Commercial Co-Op EXCEPTIONAL CUSTOMER EXPERIENCE • Dedicated Business Elite Sales Manager & Business Elite Account Specialist • On-site Work-Ready Vehicles & Loaners • Business Maintenance Plan • Priority Hours • Zero Hassle Disposal • Priority Service • Business Equipment Incentives • Business Maintenance Pricing Chevrolet Business Elite… NEXT STEPS: 1. Review the Business Elite Program Rules, and the program specifics contained in the rest of this Guide. 2. Evaluate your opportunity using the Commercial Business Analysis Tool located in DART. 3. Contact your District Manager or Chevrolet Business Elite Program HQ with any questions. 4. If your dealership wants to become a member of the select group of Chevrolet Business Elite dealerships, e-sign and submit the Program Rules by October 31, 2012. Please note: The next available enrollment period will not open until the fourth quarter of 2013. 6 CHEVROLET BUSINESS ELITE DEALER QUICK START GUIDE Simple GM E-Signature Enrollment Process • To become a member of the select group of Chevrolet Business Elite dealerships, you need to act by October 31, 2012. • To make the process as efficient as possible, Chevrolet Business Elite will take advantage of the innovative GM E-Signature process. • All you need to do to initiate this process is: −−Complete and save a copy of your dealership’s Commercial Opportunity Analysis Tool in DART. −−Notify your retail or commercial zone team you would like to be e-mailed a set of Program Rules. • Following this you will receive an e-mail containing an access link to the GM E-Signature application. • To complete your portion of the enrollment process, click the link in the e-mail to: −−Go to the page shown at right to agree to the Federal Consumer DisclosureE-Sign Act to be able to proceed to the Documents. −−When you click “YES”, the Document Review Screen appears: -- Options include Open and Review the document; Download a copy of the document or Proceed to Electronic Signature. −−When you click Proceed to Electronic Signature, then click “View Signature Area,” you will be taken directly to the “Click Here to Sign” Yellow Button. −−Following this, you will receive a confirmation e-mail with an attached PDF of the fully executed Program Rules. 7 CHEVROLET BUSINESS ELITE GUIDE to program specifics Guide to Program Specifics Chevrolet Business Elite-EXCLUSIVE BENEFITS, BUSINESS TOOLS AND RESOURCES For those dealers willing to make the commitment, achieving Chevrolet Business Elite status enables the dealership to take advantage of a suite of Chevrolet Business Elite-exclusive benefits, tools and resources. Please carefully review the complete Business Elite Program Rules for all the details you need. The following benefits and resources are designed to help provide support to any Chevrolet or GMC dealer willing to make a significant investment in marketing, selling and servicing commercial vehicles to small businesses for business use. Please note there is a $400 per month fee for each participating dealer to defray administrative, training and technology expenses. Extended Floor Plan Allowance – Chassis, Cutaway and Cargo Van To enable Chevrolet Business Elite dealers to respond to small business customers’ sense of urgency when they enter the market, and encourage dealers to stock upfit vehicles for immediate delivery by helping them absorb the carrying costs on commercial units, Chevrolet Business Elite offers supplemental floor plan assistance to dealers continuously throughout the program on cab and chassis, cutaway and cargo van vehicles. Here’s how it will work: • 60 days of additional floor plan coverage will be provided on eligible vehicles retained on the dealer’s wholesale floor plan beyond the basic floor plan program available to all dealers. • Additional floor plan coverage is earned daily until one of the following event dates occur: −−Date of Sale −−Date of Trade −−Maturity Date (60 additional days reached) • The additional floor plan allowance will be paid quarterly to the dealer’s open account. Commercial Daily Rent Incentive (CDRAC) To encourage participating dealers to have loaner vehicles available for commercial customers so customers do not have their business interrupted while they are having their vehicle serviced or for test drive purposes, GM will pay assistance throughout the program to dealers who place Work-Ready Loaner commercial units into CDRAC service for warranty or test drive purposes. Having work-ready loaner vehicles available is a significant, marketable advantage Chevrolet Business Elite dealers can offer their customers that will net higher levels of customer service retention and downstream revenue. We know from research that any time a commercial customer spends at the dealership is time they are compromising earning for their businesses. For them, having access to work-ready loaners is highly appealing. Here are the specifics: • Dealers may use CDRAC vehicles for extended test drives. • Dealers must maintain a usage log including at least VIN, customer name, date out, mileage out, date in, and mileage in. • All vehicles must accumulate a minimum of 2,000 miles and be in service for at least 4 months. • After CDRAC service certain vehicles with less than 7,500 miles total may be eligible for select retail/fleet incentives when delivered to an eligible customer. • CDRAC vehicles are eligible for warranty rental reimbursement as outlined in the GM Service Policy and Procedures Manual. Dealers may use this program in addition to the Enterprise program for courtesy transportation purposes. Note: Complete details will be published to participating dealers in a CDRAC bulletin. 8 CHEVROLET BUSINESS ELITE GUIDE to program specifics Commercial Vehicle Allocation To assure an ample supply of needed commercial units, a dedicated allocation of Commercial Light Trucks will be made available exclusively for Chevrolet Business Elite dealers. This allocation includes: • Cargo Vans • 1500 WT & 1SA Pickups • 2500/3500 HD Pickups and Chassis Cabs Chevrolet Business Elite Objective Achievement Rewards To motivate dealers to grow their commercial market share and stretch to achieve the next, higher pay-out level, Business Elite provides an objective program exclusively to participating dealers. Here are the details: • The program will run for the length of the calendar year. • It will offer quarterly payouts on eligible vehicles equal to at least $100 per unit once the dealer achieves 100% of its applicable objective. • GM reserves the right to exclude select vehicles from the objective program in its sole business discretion. Business Analysis Web App Contact Tool The Business Analysis Web App Contact Tool is a comprehensive web app tool for Commercial Business Specialists which promotes our great products and services. This tool enables Business Specialists to conduct a needs analysis which can be exported into compatible dealer CRM systems. The tool will also allow each dealer to add dealer-specific information like location, hours of operation, maps, contact information, and incentives. Specific functionality includes the ability to: • Build a product quote to match the customer’s business needs once those needs have been conveyed. • Immediately e-mail product specs to the customer as a leave behind so the customer knows what vehicle and configuration were selected. • Store and recall quotes for follow-up. • Receive real-time updates to product information. • Access Competitive Comparison Key Selling Points. 9 CHEVROLET BUSINESS ELITE GUIDE to program specifics Business/Commercial Co-op Advertising Support including a Dealer Advertising Toolbox Chevrolet Business Elite dealers will also be able to take advantage of an exclusive co-op advertising support program which incorporates a Dealer Advertising Toolbox containing ready to use advertisements for commercial dealers. This facet of Chevrolet Business Elite will support the following activities: • Participation in qualifying commercial trade shows and promotional events. • Direct mail targeting commercial customers for sales, service, or retention. • Media costs associated with placing advertising in qualifying digital, newspaper, or trade publications. • Indoor signage and point-of-sale materials for the Chevrolet Business Elite program or for commercial vehicle promotional purposes. Commercial Smart Auction Lane To enable Chevrolet Business Elite dealers to provide their customers with turnkey remarketing support for the disposal of their used units, Chevrolet Business Elite provides for a Commercial Smart Auction Lane. This will provide customers: • The opportunity to sell a vehicle quickly to avoid as much depreciation as possible. • Help to turn a vehicle and get into a new vehicle quickly and efficiently. • Increase vehicle trade-in values. Chevrolet Business Elite Dealer Web Site An all-new web site will be created for all Chevrolet Business Elite dealers. This web site will include Chevrolet Business Eliteexclusive badging along with: • A unique 800 number for commercial department inquiries to ensure calls are properly routed and call volume can be measured. • A customizable “widget” with customizable tabs or links to what each dealer thinks their commercial customers need or want to know about their dealership. • A prominent commercial lead form which clearly flags the lead as “commercial” so each dealer’s lead management provider can properly route commercial leads to the Business Specialist for handling. • Inventory links which enable each Chevrolet Business Elite dealer’s customers to see that the dealership has inventory targeted to the customer’s needs or specialty areas. • Promo tiles which provide links to other web sites or pages commercial customers may find useful. Chevrolet Business Elite Training Chevrolet Business Elite Business Sales Managers and Business Account Specialists will also have access to exclusive training opportunities available only to Chevrolet Business Elite dealers. The curriculum for each of these positions is currently under development so details will be announced when they are finalized. Dedicated Commercial Zone Manger and District Manager The efforts of each Chevrolet Business Elite dealer to grow their commercial sales and market share will be supported by a dedicated Commercial Zone Manager and District Manager focused solely on the commercial business. CSV-Dedicated Product Training Specialist A dedicated CSV commercial product training specialist will also be available exclusively to support the needs of Chevrolet Business Elite dealers. 10 CHEVROLET BUSINESS ELITE GUIDE to program specifics Chevrolet Business Elite Threshold Standards For small business and commercial customers, a lot is at stake when they make a vehicle purchase decision – their ability to get the job done, as well as their reputation. As a result, commercial customers have certain expectations for how their interactions will go with the dealership they choose to do business with. The following Threshold and Performance Standards incorporated into Chevrolet Business Elite align with those commercial customer expectations and are targeted at providing all Chevrolet Business Elite commercial customers with a great selection of in-stock commercial vehicles, a dedicated business account specialist and an elite level of ownership benefits. Personnel To actively establish and maintain relationships with business customers and properly care for them, the dealership agrees to put the following staff in place; a minimum of two people in total: • A minimum of one dedicated Chevrolet Business Elite Sales Manager. • A minimum of one dedicated Chevrolet Business Elite Account Specialist. The dealership will also provide each Business Elite Account Specialist with a wireless tablet compatible with the Business Analysis Web App Contact Tool. The dealership’s Business Elite Sales Manager and Business Elite Account Specialist(s) must also maintain his or her respective Chevrolet Business Elite training certification. To support the dealership’s commercial sales growth objectives, the Business Elite Account Specialist must make a minimum of 10 outside sales/service calls per month and record those contacts in the Business Analysis Web App Contact Tool. Service Requirements For commercial customers time is money. So to ensure commercial customers have an exceptional customer service experience with a minimum of vehicle downtime, the dealership agrees to put the following staffing and operational processes in place: • Designate at least one Chevrolet Business Elite Service Advisor and Technician on the dealership’s program web site. −−Additionally these Service Advisor(s) and Technician(s) must maintain his or her respective Chevrolet Business Elite training certification. • Provide each of the following Customer Experience items: −−Business customers will receive Priority Service in the next available service bay when making a service visit. −−Business customers are provided Business Maintenance Menu Pricing. -- A labor and parts pricing menu for maintenance items to include Windshield Wipers, Brakes, LOF, Tires, Batteries, and Wheel Alignment will be included on the dealership’s Business Analysis Web App Contact Tool. −−At least one Work-Ready Loaner vehicle will be made available for commercial customers using the Commercial CDRAC program. -- Details were outlined earlier in the Guide as part of the details on the Work-Ready Loaners – Commercial Daily Rent Incentive (CDRAC). −−Implement a Priority Service process that provides each business customer with an oil change, tire rotation, and 27-point inspection in 45 minutes or less. −−Implement Priority Service Hours beyond the dealership’s ordinary operating hours for business customers. 11 CHEVROLET BUSINESS ELITE GUIDE to program specifics • An 8 ton or higher GVW capacity lift/hoist is required; if the dealership does not currently have this type of hoist, Chevrolet Business Elite requires one to be installed. • The dealership must use GMFleetTrac for all business customers and post GMFleetTrac point-of-sale materials to promote consolidated billing with every new sale. • The dealership must also participate in the Fleet Courtesy Delivery program to facilitate the delivery of vehicles to nearby business customers from other dealers. Inventory and Display Commitments Chevrolet Business Elite dealerships also commit to provide their business customers with a great selection of in-stock commercial vehicles. This requires each Chevrolet Business Elite dealership to: • Maintain 90 days of total availability for cargo vans and light and heavy duty full-size pickups as required on the dealer commercial inventory report in the Dealer Analysis Reporting Tool (DART). −−This will be based on the dealer’s commercial opportunity at state average in the dealer’s APR or AGSSA as reported in DART. • Maintain an outdoor display of commercial vehicles in a designated high-traffic location on the dealer’s lot at all times. • Maintain a dedicated space for Chevrolet Business Elite business in a GM-exclusive showroom or sales facility, which includes display of then current point-of-sale material(s). Note: There is no requirement to display vehicles indoors. Marketing and Advertising In support of Chevrolet Business Elite’s goal of growing commercial vehicles sales and market share, the dealership will: • Maintain a dedicated Chevrolet Business Elite marketing budget, targeting business owners. −−This budget will also be made available to GM upon request. • Participate in the Chevrolet Business Elite co-op program and utilize 100% of the Chevrolet Business Elite co-op monies during each calendar year. • Participate in the Customer, Sales, Service and Retention (CSSR) program. Chevrolet Business Elite Annual Business Plan Since achievement of vehicle, service and parts sales as well as market share objectives requires a sustained, multifaceted effort, Chevrolet Business Elite dealers will commit to do the following: • Develop, submit and commit to an annual commercial business plan with the GM Commercial Zone Sales Team Chevrolet Business Elite Annual Meeting The dealership agrees to attend at least one national and/or regional GM-sponsored Chevrolet Business Elite business meeting per year. Exclusive GM Showroom The dealer agrees to operate its Chevrolet Business Elite sales office and/or display areas from a facility that is exclusively dedicated to GM products. 12 CHEVROLET BUSINESS ELITE GUIDE to program specifics Earning Chevrolet Business Elite Status The “Threshold” standards detailed above are intended to be completed in two “gates”: Gate 1 – Completion 1/4/13 Gate 2 – Completion 2/4/13 •Dedicated Business Sales Manager and Business Account Specialist(s) in place •Training Requirements Met •Required Inventory Ordered or In-Stock •Front Line Display and Dedicated Sales Area Established •Commercial Loaners are In-Service •Required Inventory Ordered or In-Stock •GM Exclusive Facility Chevrolet Business Elite STATUS EARNED •8 Ton or Greater Hoist/Lift Installed The dealership will earn Chevrolet Business Elite designation at such time as all “Threshold” standards have been met. Performance standards Dealers choosing to participate in the program also agree to adhere to certain performance metrics during their tenure in the program. GM will begin to measure each participating dealer’s performance against these metrics with the start of the 2013 calendar year. For all the details concerning these metrics and how they will be computed, consult the Chevrolet Business Elite Program Rules. • Customer Experience Metric (CSI): GM will publish a CSI minimum performance metric for Business Elite dealers each year on or before the end of the 1st quarter of the year. Each participating dealer will be assessed based on their CSI performance relative to the published metric. • Sales Metric: The dealership must achieve a minimum annual commercial sales performance equal to 85% of the commercial opportunity at state average in the dealer’s APR or AGGSA as reported in DART. −−Dealer objectives will be provided to each dealer, but sales performance will be assessed after the close of the calendar year. Timing is typically in March/April of the following year. −−DART will provide a midyear performance assessment in mid-September. Compliance Should the dealership be in noncompliance with any of the Chevrolet Business Elite standards or the above metrics, the dealership will be provided with written notice listing the nonconformance(s). Failure to correct a nonconformance may result in termination from the program. Refer to the Chevrolet Business Elite Dealer Program Rules for complete details. 13