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Dude, where did all the dealerships go?

653 messages,  Last post on Nov 14, 2009 at 6:23 PM

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

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#644 of 653 Re: One more going down.... [euphonium] by fintail Oct 20, 2009 (12:03 pm)
Replying to: euphonium (Oct 20, 2009 8:54 am) You'll get that as soon as shady "independent" (often = inherited) businesspeople give an apology for the times they've operated in a void of ethics. Replies to this message: steve_ (Oct 20, 2009 12:24 pm) gagrice (Oct 20, 2009 1:01 pm)
#645 of 653 Re: One more going down.... [fintail] by steve_ HOST Oct 20, 2009 (12:24 pm)
Replying to: fintail (Oct 20, 2009 12:03 pm) "When you look at state and local consumer agencies on the front lines, auto sales and service is always the No. 1 problem people complain about, year after year after year”   Car dealers want to evade thumb of new consumer protection agency (OC Register)   And that's a big reason why a lot of people don't care if a dealer closes.   Not every dealer is closing of course - and there's even at least one new one out there.   GM Opens First New Dealership in Illinois This Year ( dBusinessNews) Replies to this message: gagrice (Oct 20, 2009 1:01 pm)
#646 of 653 Re: One more going down.... [steve_] by gagrice Oct 20, 2009 (1:01 pm)
Replying to: steve_ (Oct 20, 2009 12:24 pm) Of course they can open a new dealership in Illinois. Obama gave all the welfare people hands full of money. Or at least they thought he was going to.   I do think it would give any GM dealer in Chicago that was shut down, a good case in court. This may also be a big expansion that was planned years ago.
#647 of 653 Re: One more going down.... [steve_] by euphonium Oct 20, 2009 (1:03 pm)
Replying to: steve_ (Oct 20, 2009 8:57 am) As an independent insurance agent I enjoyed a commission only income that was better than the financial cocoon of all the other salaried positions out there.   This is also true of the lawyers who work on a percentage and real estate agents.   Then there are the meek, fearful, non risk takers who haven't the courage to operate their own business that often employ many others. They know what they haven't done to be envious of commission income producers. Replies to this message: steve_ (Oct 20, 2009 1:09 pm)
#648 of 653 Re: One more going down.... [euphonium] by steve_ HOST Oct 20, 2009 (1:09 pm)
Replying to: euphonium (Oct 20, 2009 1:03 pm) None of which has anything to do with whether car dealers have enough public support to get legislative support to force GM and Chrysler to reopen dealerships.   The car dealer lobby is strong, but not only are they fighting public opinion, I think the bankruptcy court trumps 'em.
#650 of 653 NM auto dealer tried to save business by gambling by lemko Nov 08, 2009 (5:47 pm)
Published: 11/8/09, 8:05 PM EDT   ALBUQUERQUE, N.M. (AP) - A former Albuquerque auto dealer, faced with an ailing economy and difficulty getting credit for his dealership, says he turned to gambling last year in a bid to salvage the business.   Ken Zangara racked up a $250,000 gambling loss just months before he closed his dealership in February. He says he was trying to win enough money to save the business.   Zangara and his wife filed for a Chapter 7 bankruptcy Oct. 20.   Zangara Dodge closed its doors Feb. 17, citing the economic crisis and loss of its primary lending source.   At the time, Zangara Dodge was under investigation by the state attorney general's office for numerous consumer complaints over alleged illegal business practices.   Zangara has been recognized for his support of local charities and was involved in politics. Replies to this message: carthell (Nov 14, 2009 1:23 pm)
#651 of 653 Re: NM auto dealer tried to save business by gambling [lemko] by carthell Nov 14, 2009 (1:23 pm)
Replying to: lemko (Nov 08, 2009 5:47 pm) It probably would have been easier to plow the cash into getting a different franchise. The lottery is set up for ham-and-eggers like myself who dream of retiring early, right?   A sign of the times: a former dealership literally a short walk from my home where I bought my current vehicle closed over a year ago. It occupied 2 blocks of space, and contains three buildings.   Not too long ago, someone decided that a showroom glass panel and a doorway didn't look correct intact on one of the vacant buildings, so the items were smashed. Apparently the real estate interest that is trying to lease or sell the buildings boarded up the damage. The longer the buildings sit unoccupied, the more I worry about the type of element the vacant buildings will draw.   One of the other buildings will re-open as a new store for a nationally-known dollar merchandise chain. Hopefully, the money generated there will assist in the upkeep of the other two buildings at the site.
#652 of 653 rejected dealers by steve_ HOST Nov 14, 2009 (2:17 pm)
"A report in Automotive News says Koenigsegg has decided to reduce its U.S. dealer count from 218 to 137." That's not a lot left.   New Saab Owners Slash 81 U.S. Dealers (Straightline)   Replies to this message: explorerx4 (Nov 14, 2009 6:23 pm)
#653 of 653 Re: rejected dealers [steve_] by explorerx4 Nov 14, 2009 (6:23 pm)
Replying to: steve_ (Nov 14, 2009 2:17 pm) maybe the US headquarters will be moved back to the northeast where it belongs.

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