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Letter from a Dodge Dealer
- Thread starter Tauvros
- Start date
He said, he did nothing wrong; while I really know nothing about car dealing, it was clear for months the shit could hit anytime - he could at least have minimized his inventory.
Quote from local_crusher:
He said, he did nothing wrong; while I really know nothing about car dealing, it was clear for months the shit could hit anytime - he could at least have minimized his inventory.
How?
On the one hand you've got dealerships who are contractually obligated to take an allotment of left-over inventory at the end of the model year and on the other you've got consumers who can't, or won't, get financing.
So, who are they going to sell them to?
Quote from Corelio:
Sure, Chrysler does not deserve to be in business. But what on earth gives union workers the right to retain nearly 55% of the company after restructuring when dealers and debt holders are left eating dust?
If there is one thing we all learned under the current administration is that the hierarchy of capital structure does not exist.
All the Chrysler plants should be sent to other countries, and the union workers that drove them into the ground should be laid off without severance or retirement benefits.
Quote from TraderZones:
All the Chrysler plants should be sent to other countries, and the union workers that drove them into the ground should be laid off without severance or retirement benefits.
Uh, how does it help the current unemployment situation by offshoring more jobs?
As for the unions, they'll get theirs when their pension/health plans get trimmed...
Quote from Tauvros:
On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them.
Maybe I'm missing something here but this guys point seems to be that he isn't just going out business, HIS business is being given to another dealer.
If all the cars he sells are from bankrupt car companies, what is the 'other dealer' going to be selling that the guy in the story couldn't continue to sell?
The same thing happened over here in Raleigh. If the man wants to stay in business and he can sell cars then why can't Chrysler supple them?
It probably has to do with the quota that they impose on the dealer. No wonder the Chrysler are going out of business.
Moreover, if the dealer bought the franchise then Chrysler should have to buy it back.
I wouldn't take this lying down.
It probably has to do with the quota that they impose on the dealer. No wonder the Chrysler are going out of business.
Moreover, if the dealer bought the franchise then Chrysler should have to buy it back.
I wouldn't take this lying down.
While I feel horrible for the dealer owner, if you tie yourself in with a sinking ship, then you sink too. It's just the way it goes.
It's truly horrible, but I don't see it as having anything to do with the government. It's bad Chrysler management that led everyone connected with it to get skunked.
It's truly horrible, but I don't see it as having anything to do with the government. It's bad Chrysler management that led everyone connected with it to get skunked.