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REPORT: Ford offering dealerships for $1
Ford's dealer development program works to help people become dealer principles who might not otherwise have the chance. The 64 members of the program, most of them black or Hispanic, are set up with stores by Ford and then buy out Ford's interest in the dealership with revenues. To give them a boost and, presumably, free up Ford money, Automotive News is reporting that Ford is offering dealers in the program an offer they'll have a hard time refusing: complete ownership of their stores for $1. To take advantage, though, the dealers will need ... Read more →
Ford offers to buy back 81 dealerships Jonathon Ramsey
Ford has a dealer development program aimed at helping those who lack up-front capital open a dealership. The dealer pays Ford back with profits from the business, and slowly buys out Ford's stake. ...
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REPORT: Ford offering dealerships for $1 7 months ago on Autoblog
Ford's dealer development program works to help people become dealer principles who might not otherwise have the chance. The 64 members of the program, most of them black or Hispanic, are set up with stores by Ford and then buy out Ford's interest in the dealership with revenues. To give them a ...
Ford offers to buy back 81 dealerships 1 year ago on Autoblog
Ford has a dealer development program aimed at helping those who lack up-front capital open a dealership. The dealer pays Ford back with profits from the business, and slowly buys out Ford's stake. There are 81 dealers in the program now, 62 of which are minorities who the program was originally ...
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Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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