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Dude, where did all the dealerships go?

650 messages,  Last post on Nov 08, 2009 at 5:47 PM

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What is this discussion about? Car Buying, Automotive News, Legislation

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#63 of 650 Re: a local one bites the dust [gagrice] by steve_ HOST Dec 04, 2008 (10:52 pm)
Replying to: gagrice (Dec 04, 2008 9:13 pm) Well, if the automakers get stabilized and credit eases, people will start buying cars again, and they can't buy them direct or from Wal-Mart. Some dealers will either survive or new ones will fill the voids. Replies to this message: gagrice (Dec 05, 2008 6:39 am) explorerx4 (Dec 08, 2008 7:06 pm) boaz47 (Dec 08, 2008 7:45 pm) and 3 more...
#64 of 650 Re: a local one bites the dust [steve_] by gagrice Dec 05, 2008 (6:39 am)
Replying to: steve_ (Dec 04, 2008 10:52 pm) I don't think we will see the EZ credit from the past 15 years again. At least I hope not. That is what got US where we are today. 7% to 8% home and auto loans should be the standard for good paying borrowers. Don't expect a buying spree in new cars for several years. Replies to this message: explorerx4 (Dec 08, 2008 7:06 pm) boaz47 (Dec 08, 2008 7:45 pm) dtownfb (Dec 09, 2008 9:07 am) and 2 more...
#65 of 650 Re: a local one bites the dust [gagrice] by nortsr1 Dec 05, 2008 (6:42 am)
Replying to: gagrice (Dec 04, 2008 9:13 pm) Well, if the dealerships "close" of their own fruition, it would probably mean that GM, Ford or Chrysler would have a lot less dealerships to "buy out"???? I have to assume when a dealership closes because of lack of sales or whatever, they would not be a "costly buyout" to one of the Big 3???? Replies to this message: gagrice (Dec 05, 2008 7:53 am) nippononly (Dec 05, 2008 7:55 am)
#66 of 650 Re: a local one bites the dust [nortsr1] by gagrice Dec 05, 2008 (7:53 am)
Replying to: nortsr1 (Dec 05, 2008 6:42 am) That may be true. It is also one less point of sale for GM or Ford or whoever. I understand getting rid of rebadges and poor selling brands. I do not understand cutting the number of dealers. If your town does not have a Chevy dealer but has a Toyota, who will get the business most of the time?
#67 of 650 Re: a local one bites the dust [nortsr1] by nippononly Dec 05, 2008 (7:55 am)
Replying to: nortsr1 (Dec 05, 2008 6:42 am) Yes, that's the other side of the whole equation, right? Sure dealerships are the front lines and you have to feel bad that they are suffering through no fault of their own, but since many if not most of the ones going out of business are domestic-branded dealerships, and since the domestics need such a drastic reduction in their dealer networks in the next few years (assuming the automakers make it at all), isn't it in some ways a small favor to the industry overall?   However, that doesn't change the fact that dealerships going out of business are another big contributor to unemployment, and to big outlays of benefit payments from the states.   Edit...gagrice: If your town does not have a Chevy dealer but has a Toyota, who will get the business most of the time?   I don't think there ARE any cases of that though. It's quite dramatically the other way around: a Chevy dealer (and a Ford dealer) in every small town, where you have to drive another 20-50 miles to find the nearest Toyota dealer.
#68 of 650 Story on NPR by larsb Dec 05, 2008 (8:36 am)
Heard a story on NPR this week that GM still has over 6000 dealerships, and that about 4800 would be ideal for the brand.   Only a bad economy can force a dealer to close - GM cannot.   It's in GMs best interest for about 1200 more dealerships to fold.
#71 of 650 What does Bill Gates know that we don't? by steve_ HOST Dec 05, 2008 (10:09 am)
Bill Gates raises AutoNation stake to 12.2% (South Florida Business Journal) Replies to this message: gagrice (Dec 05, 2008 7:58 pm)
#72 of 650 over in ModBob's neck of the woods by steve_ HOST Dec 05, 2008 (11:55 am)
Rider Auto files for bankruptcy (Centredaily.com)   "STATE COLLEGE — Declining sales and revenue have forced one local car dealership to file for Chapter 11 bankruptcy."

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