dealer closings


House reportedly approves measure to restore dealerships despite bankruptcy blows

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 about 1,300 retail stores, but the automaker planned on waiting until October, 2010 to pull the plug. The dealership closings hit small and medium-sized towns particularly hard, putting pressure on lawmakers to do something to rectify the problem. The ... Read more →

REPORT: Detroit execs grilled on dealer cuts by Congress, Henderson agrees to cough up closure list Chris Shunk

When it comes to dealership closings, there is a big divide between what General Motors, Chrysler and President Obama's auto task force want and what dealers and Congress want. The bankrupt Detroit ...

Dealership has five days to sell entire inventory Chris Shunk

The soon to be terminated 789 Chrysler dealerships have all of five days to sell thousands of Chrysler, Dodge, and Jeep models, or else the damned dealers may have to eat their remaining inventory. ...

Bill Heard Chevrolet files Chapter 11, owes $229 million Chris Shunk

Bill Heard Chevrolet, which had been the largest Chevy dealer in the world by volume, filed for Chapter 11 bankruptcy protection this week after closing down all of its 13 stores last week, and the ...

Volvo denies reported dealer cuts Chris Shunk

A couple days back we received word from Automotive News that Volvo was looking to downsize its dealer body by 30 percent in an effort to cut costs. The Swedish automaker says that isn't going to ...

House reportedly approves measure to restore dealerships despite bankruptcy blows 3 months ago on Autoblog

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 ...

REPORT: Detroit execs grilled on dealer cuts by Congress, Henderson agrees to cough up closure list 5 months ago on Autoblog

When it comes to dealership closings, there is a big divide between what General Motors, Chrysler and President Obama's auto task force want and what dealers and Congress want. The bankrupt Detroit automakers say that closing dealerships will save money, streamline vehicle delivery, improve brand ...

Dealership has five days to sell entire inventory 5 months ago on Autoblog

The soon to be terminated 789 Chrysler dealerships have all of five days to sell thousands of Chrysler, Dodge, and Jeep models, or else the damned dealers may have to eat their remaining inventory. When the termination letters went out on May 14, the pink-slipped dealers had 44,000 new cars and ...

Bill Heard Chevrolet files Chapter 11, owes $229 million 1 year ago on Autoblog

Bill Heard Chevrolet, which had been the largest Chevy dealer in the world by volume, filed for Chapter 11 bankruptcy protection this week after closing down all of its 13 stores last week, and the tale of financial ruin is surprisingly bad. The dealer conglomerate owes $229 million to GMAC ...

Volvo denies reported dealer cuts 1 year ago on Autoblog

A couple days back we received word from Automotive News that Volvo was looking to downsize its dealer body by 30 percent in an effort to cut costs. The Swedish automaker says that isn't going to happen. PR VP Geno Effler said that while Volvo doesn't plan to cut almost a third of its 350 US ...






Autoblog Podcast #152: Paukert Enhanced!

Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.

 
 

Featured Galleries

  • BMW Concept 6
  • Zenvo ST1 Details
  • SEMA 2009: HPP Daytona Challenger
  • LA Design Challenge 2009 Competitors
  • SEMA 2009: 1962 Chevrolet Corvette C1-RS
  • SEMA 2009: Bigfoot
  • SEMA 2009: Black Bison Toyota Alphard
  • Ford's Inflatable Seat Belts
  • 2011 Porsche Boxster Spyder
  • Shelby Turbocharged Mustang
  • Jetta TDI Cup Street Edition
  • SEMA 2009: Ringbrothers 1964 Ford Fairlane
AOL Autos

Find Your Next Car

Resources

10 Most Searched Cars on AOL Autos

Autoblog Video

Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum