"The shakeout in the US auto industry will mean fewer but larger dealerships - decreasing competition among dealers and pushing up consumer prices on some cars by several thousand dollars"
Related: Obama the Used-Car Salesman
All this while they are USING BAILOUT $$$ to EXPAND OVERSEAS for IMPORT!
"Fewer but bigger dealerships expected to boost car prices" by Megan Woolhouse and Erin Ailworth, Globe Staff | June 8, 2009
The shakeout in the US auto industry will mean fewer but larger dealerships - decreasing competition among dealers and pushing up consumer prices on some cars by several thousand dollars, according to auto companies and analysts.... a model similar to their Japanese counterparts - offering fewer brands and marketing them through fewer dealerships.
Related: Car Companies Calling in Loans
Toyota, which surpassed GM as the world's largest automaker, has about one-fifth the number of US dealerships as GM, but sells almost three times as many cars at each location....
Japanese been kicking our butts for years! It's because the QUALITY is GOOD!
"We're in an evolving business where the strong survive and the weak go away," said Sean McCarthy, sales manager at a Mastria GM dealership in Raynham, which expects to outlast industry turmoil.
Gee, if you say that arguing against a bank bailout you are declared a treasonous heretic!
But what is good for dealers may be bad for consumers....
I KNEW there was a CATCH!
Remaining dealerships will be able to charge more for cars, analysts say, because fewer dealerships make it harder for buyers to spark bidding wars. And as auto companies scale back factory production, heavy discounts and dealer incentives will dry up.
I feel bad for the American people; they are getting f***ed in every hole.
Tom Wilkinson, a GM spokesman, said once the "current glut" of car brands disappears, prices for GM cars will increase anywhere from $2,000 to $6,000 for a new vehicle.
Do me a favor, America: DON'T BUY a NEW CAR -- EVER!!!!!!
Chrysler expects to see a price increase on new cars in the range of $1,000 to $2,000 over the next year or two, said Kathy Graham, a company spokeswoman. She cautioned, however, that prices are ultimately "market-driven."
Where is YOUR BAILOUT, Amurkn? I'd take the check.
Chrysler and General Motors plan to cut the number of dealers by more than 3,100 nationwide. Chrysler will trim 25 percent, and GM will slice 40 percent by the end of next year.
WOW! HOW MANY JOBS is THAT?
More than the HUNDREDS we get from GREEN ENERGY or BIOTECH?
In Massachusetts, several dozen GM and Chrysler dealerships face closure. Despite the big decrease, Chrysler and GM will still operate significantly more dealer franchises in the United States than their Japanese competitors, according to Ward's Dealer Business.
Yeah, they are in great shape. Whatever....
Paul Bertoli, co-owner of Pride Motor Group in Lynn, which sells Chevrolets, said that after GM emerges from bankruptcy - which is expected in 60 to 90 days - customers will flock to him....
WTF is that guy smoking, and should he be driving a car?
How quickly GM and Chrysler can reinvigorate themselves remains to be seen. Their bankruptcy filings will push more people to buy other brands such as Ford, Honda, Hyundai, Nissan, and Toyota, according to Lexington forecasting firm IHS Global Insight.... IHS Global Insight is less optimistic because of the bankruptcy.
Will that car dealer please share whatever he's puffing on?
The biggest obstacle for GM and Chrysler is overcoming a perception among younger generations, from Baby Boomers to Gen Y, that American cars are of poor quality, some analysts say.
It's ALWAYS about IMAGE with these people!
And THAT is the FIRST TRUTH I've READ!
"The only way to get around it is to continue producing high-quality vehicles," John Wolkonowicz, an IHS Global Insight auto analyst, said of American car makers. "Eventually the news will get around."
Unless it is critical of Israel or some 9/11 Truth insight.
Then it's shoveled over and buried in the MSM!
