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#1
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Three Bay Area "GM" Auto Dealers Close
The National Automobile Dealers Association is projecting that new vehicle dealership closures may rise as much as 40% this year. That would mean 600 dealers going out of business.
Some people fear that a popular saying in the 1940 may hold true today. That one went, "As General Motors goes, so goes the nation." http://www.ktvu.com/news/17595554/detail.html
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People pay for what they do, and still more for what they have allowed themselves to become. And they pay for it very simply; by the lives they lead. James A. Baldwin |
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#3
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Couple more here in Vegas the last 2 weeks too. I'm sure you've probably heard of the demise of Bill Heard.
http://www.ajc.com/gwinnett/content/...alerships.html
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2002 X5 4.4i - non sport - Range Rover wheels! 2002 Honda S2000 |
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#5
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1 in 8 jobs in the US are automotive related. As GM goes, so goes the US economy.
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Get busy living, or get busy dying - Ellis Boyd Red Redding |
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#6
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Could be;
The suggested number of other closures is estimated at 600 nation wide. Not a good thing for the employees. A while back someone posted that BMW was taking measures to scale back USA units in favor of a more lucrative european market. I wonder how GM is doing over there? Quote:
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#7
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GM is in the toilet because GM products have sucked for decades. Bad Management, design by committee and overall weak demand for huge SUV's is the biggest problem.
I actually think if GM can get the "VOLT" right they have a chance to move in the right direction. |
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#8
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25B infusion will help
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#9
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Not to faintly praise the Ol'General, but they, and Ford, both make some
good pocket rockets for the Euro mkt. They never get here, to North America, for the usual lame "market awareness" rationale that all the cheap suits from GM/FoMoCo put out. It will be a tough row to hoe for any/all of the car mfg'ers in the next several months, imo. BR,mD
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Ol'UncleMotor From the Home Base of Pro Bono Punditry and 50 Cent Opins... ![]() |
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#10
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Quote:
I agree totally, GM's products are inferior in many many ways, but they have really improved in recent years. What is really holding GM down is all their promises from decades ago (healthcare etc) that is their biggest issue in my eyes
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RIP Equality, It was nice to meet you this summer... |