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Dude, where did all the dealerships go?

654 messages,  Last post on Nov 23, 2009 at 7:56 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

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


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#648 of 654
Re: One more going down.... [euphonium] by steve_ HOST
Oct 20, 2009 (1:09 pm)
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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 654
NM auto dealer tried to save business by gambling by lemko
Nov 08, 2009 (5:47 pm)
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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.
#651 of 654
Re: NM auto dealer tried to save business by gambling [lemko] by carthell
Nov 14, 2009 (1:23 pm)
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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 654
rejected dealers by steve_ HOST
Nov 14, 2009 (2:17 pm)
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"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)
 
#653 of 654
Re: rejected dealers [steve_] by explorerx4
Nov 14, 2009 (6:23 pm)
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Replying to: steve_ (Nov 14, 2009 2:17 pm)

maybe the US headquarters will be moved back to the northeast where it belongs.
#654 of 654
Closed Dealers Angry by steve_ HOST
Nov 23, 2009 (7:56 pm)
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"General Motors last week began sending out 1.8 million pieces of direct mail to what the automaker calls its "free-agent customers".
 
In addition to eliminating four brands, GM is slashing about a quarter of its dealers. To customers of closed dealers in the family, GM, in its November 16 mailing, is offering discounts up to $2,000 to 950,000 customers of the closed dealerships.
 
Automotive News reports some dealers who are fighting their closure by GM aren't happy about the incentives being offered to their customers to shop elswhere.
 
"This is an inappropriate time to take such an aggressive measure," Tamara Darvish, a leader of the Committee to Restore Dealer Rights, a group of rejected dealers that is in talks with GM to keep dealerships open, told the publication. "If in fact dealer rights are to be restored, why would GM go in and move all those customers?"
 
GM Orphans Up for Adoption (AutoObserver)

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