ATLANTA, June 7, 2023 – Overall dealer sentiment in the U.S. improved slightly in Q2 2023, according to the quarterly Cox Automotive Dealer Sentiment Index released today. The current market index is now at 45, up from 43 in Q1 but still below the threshold of 50, indicating that more dealers see the current auto market as weak than see the market as strong.
OPI is saddened to learn of the passing of John Condry of Oklahoma-based independent dealer Sundance Office. John passed away suddenly last Thursday. He started Sundance in 1989 with his wife, Dyan, growing the business into the largest independent business supplies dealer in Oklahoma. Their son, Tyler, became President of the dealership in 2021. OPI
OPI understands that ODP Business Solutions’ Federation network is set to expand further. At its investor day at the end of 2022, ODP said it would be accelerating Federation acquisitions following something of a hiatus while the company was involved in potential merger/takeover talks with Staples and its subsequent split into four separate operating units.
Leading US independent dealer FriendsOffice has promoted Director of Sales Kim Belknap. The experienced exec – who joined Friends in 2021 – has been named VP of Sales and Marketing. She previously spent more than 30 years in various sales roles at OfficeMax and Office Depot. “With her exceptional leadership, strategic vision, and unmatched dedication,