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0Report: 64 axed Chrysler franchisees file suit against U.S. Treasury 1298041020
Back in June of 2009, Chrysler terminated relationships with 789 dealerships in an effort to cut its dealer network down by 25 percent. A few of those dealerships didn't think too highly of the move, which was orchestrated in part by the federal government. As a result, 64 former Chrysler ...
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Study: How car dealers treat customers is more important than price 1290524340
Today's piece of blatantly obvious news comes courtesy of J.D. Power and Associates. According to a new study, a whopping 52 percent of new car buyers said the main reason behind picking one car dealer over another was how they were treated on the lot. In fact, of those surveyed, only 38 percent ...
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Report: Chrysler wins 73 of its dealer arbitration cases, loses 32 1280329260
Arbitrators have finished wading through the 105 cases of rejected Chrysler dealerships, determining that Chrysler was right to send the lots packing in 73 instances. According to Automotive News, those who weighed in on the cases typically cited the carmaker's plans to sell all four of its ...
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DetNews: Ford's slow revival of Lincoln taking heat from dealers 1266361080
2010 Lincoln MKT – click above for high-res image galleryIn a nutshell, the problem with Lincoln is that on the Taurus SHO launch, Ford brought along an Audi A6 4.2 for comparison's sake. Says one Lincoln dealer, "It's hard to sell a $48,000 MKS when the Ford guy down the street has a ... -
It's On Like Donkey Kong: Jilted Hyundai Genesis Coupe buyer jilted again, lawyers up 1264466280
This ended about how we predicted. You all no doubt remember McFly, the guy that won a legit eBay auction for a slightly used Hyundai Genesis Coupe 2.0T for $16,125. Problem was that the seller – Glenn Hyundai of Lexington, KY – felt the car was worth more ($19,700) and refused to ...
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REPORT: Stand-alone Lincoln-Mercury dealers being scaled out of existence 1257811140
In 2006, Ford began to shrink its dealership network in order to more efficiently align its distribution network. Three years later, it appears that the hardest hit are the company's stand-alone Lincoln-Mercury dealerships. While there were 619 Lincoln-Mercury dealerships nationwide just a few ...
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REPORT: Rejected GM, Chrysler dealers telling their story on YouTube [w/VIDEO] 1254322740
Holdiman Motor terminated dealer plea - click above image to watch the videoSince government money washed in to pump out General Motors' and Chrysler's swamped and nearly sunken businesses, there's been little mention of the cuts to the dealer base that both automakers have made as part of their ... -
REPORT: Credit lines increasingly hard to come by for auto dealers 1251988320
Like him or loathe him, George W. Bush's clearest, most salient speech came almost a year ago on September 25, 2008 when our Harvard MBA president explained to the nation and the world exactly how bad the economy had gotten and why so much federal money ($700 billion-ish at the time) was being ...
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House reportedly approves measure to restore dealerships despite bankruptcy blows 1247860800
One of the more controversial parts of the Chrysler bankruptcy was the decision to cut 789 dealerships by June 9. The move made for a quick, painful end to dealerships that in some cases spanned several generations of family ownership. When General Motors entered bankruptcy, it said it would cut ...
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BREAKING: Chrysler 'rejects' 789 dealers nationwide, works to pare network by 25% by June 9 1242320400
Chrysler has just announced that it will 'reject' some 789 of its dealerships by June 9 as it works to downsize through Chapter 11 bankruptcy restructuring. That represents a 25% cut in its dealer networks, leaving 2,392 Chrysler, Jeep, and Dodge dealers to carry on if the automaker is able to ...

