Everyone seems to be all upset - so what’s the solution? I know - the federal government can throw even more tax payer dollars into the kitty to prop up the individual dealers! Oh wait, we got upset when they were bailing out the manufacturer - that doesn’t make sense.
He still owns a building and he has an inventory of cars that have a value. He has the employees, the knowledge, and the facilities to operate a care dealership. I suggest that the man start selling more cars. Thousands of businessmen make a profit every year in the used car business, I’m guessing this gentleman is one of them.
Someone ask the fine gentleman how much of his annual gross comes from new cars and how much from used? Then someone ask Chrysler how they picked his dealership for closure.
This kind of action should have been taken years ago. A few months ago we were complaining that Chrysler needed to cut the fat and get smarter in how they do business, now that you hear a few sob stories suddenly it’s the big bad government’s fault.
I’m no fan of the bailouts and far from a fan of our current POTUS, but when theory comes to reality and tough decisions have to be made we conservatives get all wishy washy just like the libs do.
We scream “don’t raise my taxes!” but we demand the government services just like everyone else.
We hate the bailout - we said let Chrysler file CH11 - well, where would this guy be if there were no Chrysler? If the government had done what we wanted and let Chrysler fail - there would be no new Dodge dealerships period.
So, now instead of there being none, there will be fewer, and it’s a shame, but it’s not up to government to provide or save businesses. If he wants to ‘show them’ - he should move on, and find a way to emerge victorious. I’m not saying it’s not sad, or even that it’s fair, but it’s necessary all the same.
necessary to who?
Have you EVER had a job in the private sector? You seem absolutely cluless to me. Nobody is asking for a bailout for the dealers...especially the dealers. All they’re asking is to not have their business stolen from them. Chysler is not taking back any of his inventory. If he sells those cars it will have to be as used vehicles since he can’t sell them as new without a franchise agreement.
Too bad he will be forced to sell his inventory of new cars at used prices. He's going bankrupt.
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Somehow I get the feeling that the extent of your real-world experience with running a business involves dixie cups, kool-aid, a hand-painted sign and your parents' front lawn.