Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (436633)	11/25/2008 7:05:41 AM
From: Road Walker	Read Replies (1) of 1574636

One of the things GM will have to do under a bailout is buy and close out dealerships......which is a costly move. However, by the time they get around to doing it, most of the dealerships may already be closed. In the last six months, the rate of closure has increased significantly nationwide. Yeah it seems like the larger the dealer, the more they are in trouble. A couple have closed around here. Why do you think GM has the obligation to buy and close dealerships? That doesn't do anything for anybody except the dealership owner, and those guys, in general, have made very good bucks for years and probably have things set up in a corp that can go chapter 7 without hurting their personal finances. Certainly doesn't save any jobs.

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