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  1. #37
    Join Date
    Dec 2006
    Location
    Blessed to be all over the place!
    Posts
    3,433
    I've not read all the posts...but there's more to it. Being in banking for 25 years, I do know many dealers in the industry affected by this.

    First: The franchise agreement is cancelable. Period. Always has been...and the dealers knew it when they "bought" (better word is "were granted") it.

    Second: Factors affecting the choices: CUSTOMER SERVICE ratings, volume, conformity to brand requirements, focus (are they multibrand or single), etc.

    Third: Chyrsler has ONLY FOUR MODELS in their '09 line up. This is no longer a full brand company...and hasn't been for years.

    Fourth: Any car dealer worth their salt started reducing inventory MONTHS ago. The fact that this guy has 125 on his lot strikes me as contrary to sound business judgement in the current environment...unless he is a high volume/high customer satisfaction dealer...and if he was...he wouldn't have gotten the ax.

    My heart's not bleeding (and I'm generally a compassionate person...)

    Quote Originally Posted by Biciclista View Post
    PS UAW workers don't make 60-80 an hour

    According to the Indianapolis Star:
    Base wages average about $28 an hour. GM officials say the average reaches $39.68 an hour, including base pay, cost-of-living adjustments, night-shift premiums, overtime, holiday and vacation pay. Health-care, pension and other benefits average another $33.58 an hour, GM says. - September 26, 2007 UNITED AUTO WORKERS OFF THE JOB, Striking back at globalization. By Ted Evanoff
    Ah, but Mimi, don't forget the "Job Bank" as well.
    Last edited by Mr. Bloom; 05-29-2009 at 02:27 PM.
    If you don't grow where you're planted, you'll never BLOOM - Will Rogers

 

 

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