I rented a new Chevy Impala...
#51
Gold Member

Joined: Jul 2007
Posts: 2,917
Likes: 9
For GM, many dealers were reinstated after they filed for arbitration.
Apparently, some 661 dealerships were reinstated of the original 1,100 closed.
No additional information.
http://www.dailyfinance.com/2010/03/...ated-to-close/
Apparently, some 661 dealerships were reinstated of the original 1,100 closed.
No additional information.
http://www.dailyfinance.com/2010/03/...ated-to-close/
#52
Registered
Joined: Jun 2011
Posts: 2,347
Likes: 4
From: Thousand Islands area
Still can't understand how cutting dealers helped GM. As the dealers were independant businesses, how is having a low performing dealer worse for GM than no dealer? The dealers had to pay for their costs just as any business does. Keep in mind, the dealers are actually GM's customers, not the end buyer.
I think the reason behind closing dealers was for one maybe image and if you didnt sell cars they didnt want you. But the biggest thing is this, dealers are based an allocation on any given type of vehicle is mainly based on how many they sell, and Im sure lot space and other things goes into it. But if you have dealer X thats allocated 25 camaros at any given time and they dont sell them Gm in a sense is not selling product to their customer so in a sense GM is doing what any other store might do, if you dont sell sugar your going to pull it off your shelfs. Also lets say dealer Y across town is allocated 35 camaros but actually can sell 15 more then, really dealer X is holding dealer Y back.
#53
Gold Member

Joined: Jul 2007
Posts: 2,917
Likes: 9
Still can't understand how cutting dealers helped GM. As the dealers were independant businesses, how is having a low performing dealer worse for GM than no dealer? The dealers had to pay for their costs just as any business does. Keep in mind, the dealers are actually GM's customers, not the end buyer.
Many of the dealerships on the closed list were barely profitable or losing money. I'm sure more closed during that period just due to the economy. Some sold other makes as well.
#54
Registered
Joined: Jun 2011
Posts: 2,347
Likes: 4
From: Thousand Islands area
It was and remains, nothing less than government enabled financial crime on a vast scale !
Car Dealers: BACK In 2009, everyone knew that the real problems dooming Both Chrysler and General Motors were their enormous property and property tax obligations caused by the too big, too old, factories, and their utterly unsupportable labor and pension costs, Barack Obama ordered the closure of over 3000 auto dealerships. Now, maybe many of those dealers were because they were good Republicans, but what of their mechanics, their salesmen, their janitors, their accountants and finance experts? These were probably a normal cross-section of the country – equal parts Republican, Democrat, and independent. And they all know that they were fired by Barack Obama....
Car Dealers: BACK In 2009, everyone knew that the real problems dooming Both Chrysler and General Motors were their enormous property and property tax obligations caused by the too big, too old, factories, and their utterly unsupportable labor and pension costs, Barack Obama ordered the closure of over 3000 auto dealerships. Now, maybe many of those dealers were because they were good Republicans, but what of their mechanics, their salesmen, their janitors, their accountants and finance experts? These were probably a normal cross-section of the country – equal parts Republican, Democrat, and independent. And they all know that they were fired by Barack Obama....
heres another list. You can argue politics and monday morning quarterback on how it was done, but saving GM was a must for the country. To be honest whether Bush did it, Clinton did it there would be the opposite side chirping away on how much a travisty it was. Again you file chapter 11, that means the government is going to sort it out for you. Was there and will there be political motivation behind, probably/maybe. But really as a dealer you have nobody to blame but yourself and GM for not selling and making cars in a cost effective manner, because if they did they would have never filed and the government would have never stuck their noses in it.
I own GM and Ford vehicles and both make very products, and Im not going to put ford on some pedastal, but they did in fact make the hard choices that GM was forced to make 3-5 years earlier. Ultimately the outcome would be the same but if GM cleaned up instead of filing people would be blaming the rich GM coperate ownership, but since the government did it were going to blame the liberals. Sometimes people just like to complain to complain and dont have a lot of rational behind it or have some skewed data to support their point. Really congress acts the same way and this why we get nothing done. People like to blame the president but the president cant sign laws by himself somebody has to pass it. And the last two years it was right controlled congress and what has been done nothing and before that the dems had power of everything and nothing got done. Bush and rep controlled congress started this mess 10 years ago, and dems didnt stop it or cant fix it. really pick your poison I guess. Best thing to do is educate yourself as much as possible, take on more responsibility in life and hope for a job or better jobs. Really the government will do nothing for you unless you are poor or rich.
Really GM is more lean and making great vehicle again. Im looking forward to see what they do with their new 1/2ton in the next 1-2 years.
Last edited by soldier4402; 08-15-2012 at 07:08 AM.
#55
Platinum Member
Joined: Apr 2001
Posts: 10,833
Likes: 18
From: Beautiful Fort Lauderdale www.cheetahcat.com
http://www.huffingtonpost.com/2009/0..._n_204031.html
heres another list. You can argue politics and monday morning quarterback on how it was done, but saving GM was a must for the country. To be honest whether Bush did it, Clinton did it there would be the opposite side chirping away on how much a travisty it was. Again you file chapter 11, that means the government is going to sort it out for you. Was there and will there be political motivation behind, probably/maybe. But really as a dealer you have nobody to blame but yourself and GM for not selling and making cars in a cost effective manner, because if they did they would have never filed and the government would have never stuck their noses in it.
I own GM and Ford vehicles and both make very products, and Im not going to put ford on some pedastal, but they did in fact make the hard choices that GM was forced to make 3-5 years earlier. Ultimately the outcome would be the same but if GM cleaned up instead of filing people would be blaming the rich GM coperate ownership, but since the government did it were going to blame the liberals. Sometimes people just like to complain to complain and dont have a lot of rational behind it or have some skewed data to support their point. Really congress acts the same way and this why we get nothing done. People like to blame the president but the president cant sign laws by himself somebody has to pass it. And the last two years it was right controlled congress and what has been done nothing and before that the dems had power of everything and nothing got done. Bush and rep controlled congress started this mess 10 years ago, and dems didnt stop it or cant fix it. really pick your poison I guess. Best thing to do is educated yourself as much as possible, take one more responsibility in life and hope for a job or better jobs. Really the government will do nothing for you unless you are poor or rich.
Really GM is more lean and making great vehicle again. Im looking forward to see what they do with their new 1/2ton in the next 1-2 years.
heres another list. You can argue politics and monday morning quarterback on how it was done, but saving GM was a must for the country. To be honest whether Bush did it, Clinton did it there would be the opposite side chirping away on how much a travisty it was. Again you file chapter 11, that means the government is going to sort it out for you. Was there and will there be political motivation behind, probably/maybe. But really as a dealer you have nobody to blame but yourself and GM for not selling and making cars in a cost effective manner, because if they did they would have never filed and the government would have never stuck their noses in it.
I own GM and Ford vehicles and both make very products, and Im not going to put ford on some pedastal, but they did in fact make the hard choices that GM was forced to make 3-5 years earlier. Ultimately the outcome would be the same but if GM cleaned up instead of filing people would be blaming the rich GM coperate ownership, but since the government did it were going to blame the liberals. Sometimes people just like to complain to complain and dont have a lot of rational behind it or have some skewed data to support their point. Really congress acts the same way and this why we get nothing done. People like to blame the president but the president cant sign laws by himself somebody has to pass it. And the last two years it was right controlled congress and what has been done nothing and before that the dems had power of everything and nothing got done. Bush and rep controlled congress started this mess 10 years ago, and dems didnt stop it or cant fix it. really pick your poison I guess. Best thing to do is educated yourself as much as possible, take one more responsibility in life and hope for a job or better jobs. Really the government will do nothing for you unless you are poor or rich.
Really GM is more lean and making great vehicle again. Im looking forward to see what they do with their new 1/2ton in the next 1-2 years.
#59
Registered
Joined: Jun 2011
Posts: 2,347
Likes: 4
From: Thousand Islands area
your not reading, I said if GM did it without the help the government you would be blaming the rich coperate leadership and their shareholders vs now you blame bamie and his marxist regime. Either way like Vsteve said they are making good stuff and have paid back half of what they owe.
#60
Gold Member

Joined: Jul 2007
Posts: 2,917
Likes: 9
Maybe some new people could help keep better models coming out.
Michigan is looking for a lot of them.
http://www.bloomberg.com/news/2012-0...tml?cmpid=yhoo
Michigan is looking for a lot of them.
http://www.bloomberg.com/news/2012-0...tml?cmpid=yhoo


