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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) |
babylonsister (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:07 AM Original message |
GM And Chrysler To Shut Hundreds Of Dealerships |
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K Gardner (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:20 AM Response to Original message |
1. Here we go... |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:25 AM Response to Original message |
2. In some states you just can’t do it at all |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:30 AM Response to Original message |
3. There are only a few reasons GM can pull the Sales & Service Agreement |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:31 AM Response to Reply #3 |
4. All they have to do is go to the mafia mentality for payments due |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:33 AM Response to Reply #4 |
5. Not really |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:43 AM Response to Reply #5 |
6. Yes but it's easy for things to get lost and delayed and lost again |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:46 AM Response to Reply #6 |
7. Again, then dealers can sue GM for violating the agreement |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:48 AM Response to Reply #7 |
9. filing a lawsuit especially if the other party works to delay any kind of adjudication |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:56 AM Response to Reply #9 |
10. Sure, they may shut the dealer down |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 07:07 PM Response to Reply #10 |
14. But GM can litigate those shut downs for several years. |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 07:12 PM Response to Reply #14 |
15. That's why I assume GM will try to buy out dealers first |
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anigbrowl (1000+ posts) Send PM | Profile | Ignore | Tue Dec-30-08 03:25 AM Response to Reply #7 |
19. Maybe, maybe not. Most business agreements contain a clause for force majeure |
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Phred42 (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 09:46 AM Response to Original message |
8. Maybe an opportunity for the Independant shops |
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csziggy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 10:10 AM Response to Original message |
11. The GMC-Cadillac-Hummer dealership here closed last year |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 06:58 PM Response to Original message |
12. What I Don't Understand Is That |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 07:02 PM Response to Reply #12 |
13. If ten franchises remain open in an area that can now support only five, they all might fail. |
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On the Road (1000+ posts) Send PM | Profile | Ignore | Tue Dec-30-08 01:02 AM Response to Reply #13 |
18. Yes, That May be True |
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MiniMe (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 07:16 PM Response to Original message |
16. I wonder if they will close the dealership portion and leave the service part open? |
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tammywammy (1000+ posts) Send PM | Profile | Ignore | Mon Dec-29-08 07:18 PM Response to Reply #16 |
17. I doubt it |
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