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#677 of 721 Re: Toyota dealers put up the white flag [steve_]
Jan 28, 2010 (1:40 pm)
That's less than I expected, that only 36 out of 166 would be involved in the recall and thus unsellable.
Still I don't see how many smaller Toyota dealers are going to make it, given the numbers that gagrice presented.
Of course, they will see an enormous uptick in manufacturer-paid repairs in their service departments, perhaps that will get them through.....
#678 of 721 Re: Toyota dealers put up the white flag [nippononly]
Jan 28, 2010 (9:43 pm)
It could be a boom time for the Toyota service people. IF they can get the parts. The Denso is not a direct replacement for the CTS unit. And there is a question if that is the actual culprit. CTS says it is built to Toyota standards. Any problem is Toyota's.
Feb 02, 2010 (9:25 am)
Most of the dealers around here were pulled by the manufacturers.
Others just couldn't stay for economic reasons.
Some others bit the dust on their own efforts, by shoddy business practices that were in place before the downturn.
I'd say 50% of all dealerships are gone in my area.
Apr 12, 2010 (5:36 pm)
The net number of car and light-truck franchises fell by 3,410 last year -- from 38,103 on Jan. 1, 2009, to 34,693 on Jan. 1, 2010.
That's a decline of 9 percent, the largest shrinkage in the population of new-vehicle franchises in the 40 years that Automotive News has kept count. The figures were tabulated by Automotive News using data provided by auto manufacturers and some estimates.
Actually, the numbers downplay the scope of the reduction. About 2,600 additional franchises were killed as GM pulled the plug on Pontiac, Saturn and Hummer. Those terminations are not reflected in the 2010 census because the brands still were operating on Jan. 1. Also not reflected were reinstatement offers this year to 661 GM and 50 Chrysler dealerships
And it sounds like the dust still hasn't settled, as the numbers won't reflect the GM slash-and-burn until the 2010 numbers are in next year.
I noticed the first dealer expansion in a long long time near me last week - the local Toyota dealer has opened a Kia franchise. Interesting choice. Our county doesn't have a Hyundai dealer, which might have been a better choice for this dealer given that the Kias will compete directly with the Scions (and likely win the battle).
#681 of 721 Re: worst year ever [nippononly]
Apr 12, 2010 (7:16 pm)
Once again we have a Mazda dealer 20 miles up the road. The local franchise died with one dealership (the Lincoln Mercury guy) that went belly up then moved to the Chevy dealer who also went belly up and was gone for a year or more. Now the local Hyundai-Subaru-Buick-GMC guy has picked them up.
Apr 12, 2010 (8:26 pm)
seems to have all the brands that are on the upswing, outside of Ford.
#683 of 721 Re: smart man [stickguy]
Mar 15, 2011 (3:13 pm)
Well, before a full year goes by without a post....
Funny thing happened down here. When Chrysler eliminated a bunch of dealerships back at the bankruptcy our local Jeep folks were ones who got the ax.
Lo and behold we now have a Jeep dealership back - the Chrysler - Dodge guy in town picked it up. Were I the guys that got my dealership pulled two years ago I think I might be a tad miffed.
The same kind of thing is happening twenty miles north.
#684 of 721 Re: smart man [fezo]
Mar 15, 2011 (6:55 pm)
I interpret the lack of posts as a sign of stability. No more dealerships are closing in the Baltimore area. During my drives through the northern suburbs of the area, I saw two vacant dealership lots announce their intentions to offer Mitsubishi & BMW products shortly. My sister and her husband are seriously looking into buying a new vehicle. While I'm not quite in the position to purchase anything, I'm scouring the 'net for a suitable replacement of my current steed should the need arise. (Looks like the runners up are the Elantra Touring or the Mazda5 once they start installing the Sky-G engines across their product lines.)
#685 of 721 Re: smart man [carthell]
Mar 15, 2011 (7:18 pm)
I really like that Elantra Touring. I love wagons. When we were losing dealerships we gained a Hyundai dealership.
We had the slowest dealership closing I've ever seen where for a period of more than a year the Chevy dealer would have one new car. Then one day he took down the Chevy signs and is now strictly a used car lot.
You can't buy a Chevy within 30 miles of here. I expect at one point someone will give it a go.
#686 of 721 Re: smart man [carthell]
Mar 17, 2011 (9:16 pm)
It's funny, I just noticed this week that after over a year of sitting vacant, the Cadillac-Chevy-Hyundai dealership in my county is finally being torn down. That place had just been completely remodeled less than a year before, when it folded in the middle of the night.
That left us with only one Chevy dealer at the far north end of the county, and zero, count 'em, zero Cadillac or Hyundai dealers within a half hour's drive.
What I found even more significant is that in a whole year, they couldn't find anyone to take over a brand new dealership in a prime location. Things may be more stable now, but we are not going to be in expansion mode for a while, that's for sure.