Quote from nutmeg:
Re the comment too many dealerships and too many cars sold. Imo, the business of the US is to produce and consume autos. Mortgage money flowed to the new land with less risk in the burbs and the only the only way to get to burb land is by auto. [/B]
Having sold cars for more than a few years, both foreign and domestic, the market is/was SATURATED with dealerships. Some of them needed to close. It's supply and demand. Customers would work you over for a deal, and if you didn't do it they'd drive to the next dealership and try it. Nothign wrong with competition, but as a corporation, General Motors allowed entirely too many dealerships to exist. But hey what did they care....they were gettign paid the same from the car dealers.
Lowered the profit per unit to were dealers couldn't survive. Well, that bit them in the ass. Whoops. They killed the golden goose. Phuck 'em.
Fear and Greed. They got greedy. Now they need some fear for a while.
OMEGA