Comments on: GM tells 1600 US dealers “it’s over”

By: LSD

LSD — Sun, 17 May 2009 12:05:10 +0000

Ford wont close they are on the mend……..but the real facts about how bad GM are has yet to come to the surface. Watch this space……..lol

By: Dlr1

Dlr1 — Sun, 17 May 2009 11:40:00 +0000

sorry salesman, the whole no test drive, no trade in wont work, the rest might. Any dealer who wont offer trade ins may as well close their doors now because the (maybe) 50% of buyers with trade ins will simply go elsewhere. You should know that this is probably the biggest industry where people dont use 100% cash/finance to acquire their purchase.

By: Andrew M

Andrew M — Sun, 17 May 2009 06:29:26 +0000

T/S,
you are certainly on the money.

The rest of the retail world is almost there.

Im surprised you didnt include higher number of internet sales in your theory aswell……

By: Spitfire

Spitfire — Sun, 17 May 2009 05:54:01 +0000

GM will survive LSD. There is no way any American President is going to let either GM or Ford close. The current President has said this on a number of occasions. Chrysler, who knows.

By: LSD

LSD — Sat, 16 May 2009 07:38:15 +0000

well i cant see the americans importing cars form Holden with the mega job losses that has\will occured in America………and who really knows if GM will survive at all?

I think if they do happen to survive they will only concentrate on building cars in America for America as they have\will sold off all their overseas concerns, which will happen to Holden hopefully.

By: Captain Mainwaring

Captain Mainwaring — Sat, 16 May 2009 07:16:03 +0000

Shak.
No, I don’t think that these guys going to work for Chrysler/Fiat is a particularly good idea. That outfit is in a race with GM to see who can go down the plughole fastest.

Salesman.
You’re close. The long-term answer is manufacturers pooling the inventory in centralised locations rather than forcing it on dealers who only duplicate it then cut each others throats competing for deals. No unsold stock at dealerships, demonstrators owned by the factory and used only for test drives, not for salesmen to drive home in.

By: The Salesman

The Salesman — Sat, 16 May 2009 06:11:03 +0000

Well it just had to happen. Too many dealers cutting each others throats in a shrinking market = no profit. Dealers soon won’t be able to afford the huge over heads to have big show rooms and yards full of cars for sale. Eventually i think we will see customers ordering cars directly from the factory through shop front dealers who might hold five or ten cars in stock. No test drive, no trade ins. We will call you when the car turns up.

By: Shak

Shak — Sat, 16 May 2009 06:05:07 +0000

i really feel for all those honest workers that have lost their jobs as a result of GM’s incompetence. They should all go and work for Ford or Chrysler/Fiat just to rub salt in GM’s wounds.