Letter from a Dodge dealer

[Sgt Z Squad]

Sean Hannity had a Long Island dealer who had a solvent dealership with the same story the other day. There seems to be no rhyme or reason to selecting who, since this dealer knew several other dealerships in the area that were failing but they were able to keep their franchise.

Rush Limbaugh suggested looking at the party affiliations of the terminated dealers...

[MikeBjerum]

Solvency does not appear to have any bearing on this round of cuts.  The Chrysler dealers that got notice recently had no financial issues, and were doing well.

Last year and through the winter GM pulled franchises on a couple dealers in the area, because when they asked for a higher percentage of cash for the new stock on the lot the dealers could not come up with it.  However, our local that got a letter could have written a check for everything on their lot if asked ... Damn, a couple of the board members have the cash to either one write the check, and the others have the credit available to do it.  These companies are just streamlining to get ready for a major restructure that will probably include bankruptcy to clean up the union mess.

[Thanos]

This is completely unbelievable to me!  I cannot imagine some asshat taking (not buying, TAKING!) my business and GIVING it to some one!

I PAID FOR IT, I BUILT IT! 

I SET IT ON FIRE AND DESTROYED THE WHOLE THING!

They could pound sand if they think that they would do something like that to me. Oh, and I would blame it on the environmentalists.

[tombogan03884]

I SET IT ON FIRE AND DESTROYED THE WHOLE THING!

They could pound sand if they think that they would do something like that to me. Oh, and I would blame it on the environmentalists.

Nice, killing 2 birds with one match 

[pops1911]

And what is everyone doing about this communist takeover? Wringing hands again won't cut it!!!!!!!!!!!

[Sponsor]

[CJS3]

Does this dealer own the vehicles on his lot or do they belong to Chrysler? If he owns the vehicles, a fire sale or a 2 for 1 sale would clear his lot fairly quickly. He can sell them until June 9th with the factory warranty, and if he goes internet on a cash basis they won't last long. Lets face it, some return is better than none. If Chrysler owns them, park them on the street with the keys in them, and tell the UAW to come pick them up. They are going to be the principle owners now.
 
Oh by the way. The UAW announced that the 55% stake they get in Chrysler (from the BHo admin) will be sold to fund UAW retirement health programs. Since this "bankruptcy" deal screws all the independent investers, who were already in Chrysler, exactly who is the UAW going to sell to?

I see Gov control of the UAW retirement fund coming.
It's exactly what they've been asking for.

[Timothy]

While I can sympathize that this guy is probably a stand up car dealer and he is a good employer in his community, I can't sympathize too much with the industry as a whole.

Most of my dealings with dealerships have been in this part of the country.  Around here, car dealers are just one step BELOW lawyers on the skeezy shitepile of shifty, lying asshats scale.

I agree that Chrysler should've handled this differently but I could care less what happens to Chyrsler!  It's really more about the hundreds of thousands of citizens around the country that are adversely affected by the blind dimwits at the middle of this bailout scheme.

[seeker_two]

So....what happens if the dealers just torch their entire inventory?....even if insurance doesn't cover the loss, they're in no worse shape than they are now.....

...or just give them away to a charity & take the write-off......

[Thanos]

So....what happens if the dealers just torch their entire inventory?....even if insurance doesn't cover the loss, they're in no worse shape than they are now.....

...or just give them away to a charity & take the write-off......

WHAT ARE YOU SAYING!!!

Dealers shouldn't torch their inventory, enviromentalists should do it or them as their part of helping the economy and reducing the carbon footprint of America.