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Automotive News & Views Dude, where did all the dealerships go?
657 messages, Last post on Dec 04, 2009 at 11:37 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: gagrice (May 28, 2009 8:16 pm) We are closer than you think in our way of thinking. All we can hope for now is to get out of the auto industry as quick as possible.
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Replying to: dtownfb (May 31, 2009 6:08 pm) 
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Replying to: boaz47 (May 31, 2009 12:48 pm) One thing that does seem to be taking hold because consumers like it is the one-price scheme, fixed no-haggle pricing below MSRP. Our local Ford store has had so much success with that, he is now the only Ford store left for miles in all directions! |
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the one-price scheme, fixed no-haggle pricing below MSRP. Our local Ford store has had so much success with that, he is now the only Ford store left for miles in all directions! Wake up! When the dealer declares one price no haggle - what you pay is a lot more than if you haggled. That's why he is now the only Ford store left for miles in all directions! Do you really believe the dealer's one price is his lowest price? 
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Replying to: euphonium (Jun 01, 2009 10:40 am) Lots of people seem uncomfortable asking for a cheaper price so maybe they like the one-price shop better. |
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What Steve said! Truth is, I would never shop at a one-price store, but most people prefer it. And even me, I am getting lazy as I get older. The internet thing is becoming my fave now, even though I realize that if I haggled in person I could squeeze a few hundred $$ more out of the price. That's not so different from a no-haggle store, except the "one price" is being quoted to me in cyberspace and I am going with the best one I get out of several dealers. |
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Replying to: nippononly (Jun 01, 2009 4:00 pm)
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for GM. They get to dump the "old" and walk away from massive liabilities without any sort of penalty whatsever. It's really quite incredible. Among the changes they are making going forward is that they are going to insist that some dealers with competing franchises in the same showroom eliminate them, or else the dealers themselves will have their franchise agreement terminated! GM already has informed 1,124 dealerships that they won't have their franchises renewed when the agreement expires on Oct. 31, 2010. Starting this week, an additional 200 dealers will get similar termination notices. GM is sending letters via Federal Express tonight to all 5,969 dealerships. Most of them will inform dealers whether they will retain their franchises and what changes they must make to retain their stores. Some dealers will be asked to remove competing franchises from their GM showrooms. Others might be asked to upgrade their stores.... http://www.autonews.com/apps/pbcs.dll/article?AID=/20090601/ANA02/906019914/1018- (registration link) Bankruptcy is sooooo convenient for GM. With the Dow jumping UP more than 200 points after the BK announcement today, I really question whether a government-funded Chater 11 was ever really necessary here - they should have liquidated the thing. Now even more dealers will get the shaft. Guess folks looking to open dealerships will be a lot more cautious about chasing a GM franchise in future.
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Replying to: gagrice (Jun 01, 2009 8:54 pm) The thing that makes me wonder is now that GM went bankrupt we are being told we are the major creditors. If that is the case if I remember correctly not too long ago GM offered to make your payments for a number of months and only if after that time would the repossess your car. Now that we own them can we go and repossess a new GM car because they owe us so much money? Maybe we should get a Corvette while we can?  Now that the UAW owns part of GM will they be docking people's pay for being late? You know if we step outside of our personal discomfort zone on how this effects our economy and look at the big picture we can see the world for what it is. A place run by the keystone cops. When this whole thing first hit the fan people were in financial trouble and started losing their houses. People started losing their jobs and they were told that they would just have to learn to adjust. When the banks, wall street and the manufacturers got in trouble they simply turned to the very people that were losing their homes and jobs and asked them not only to forgive the loans but to give them billions of taxpayers money. Then the very companies we are supporting will lay off even more taxpayers and give their executives more bonuses? I take it back, not even the Keystone Cops could have come up with this plan. 
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