Geesie
Diggin' the scene with a gangsta lean
Opel is a good brand to save.
Shnicky-Poo
Groovin'
Okay, so they were supposed to sell Opel, then they didn't. They were supposed to shitcan the Hummer, but they're fighting to save it.
And now the latest: they shut down lots of dealers, but now they're reinstating hundreds of them.
So are they basically returning to the unprofitable, unsustainable pre-bankruptcy era where the focus was on maintaining market share rather than on making money?
And now the latest: they shut down lots of dealers, but now they're reinstating hundreds of them.
Quote:As part of its restructuring, GM last year told about 2,000 dealerships it would not renew their franchise agreements once they run out in October 2010. But the dealerships have said GM treated them unfairly, and last month Congress passed a law requiring an appeals process for the dealers.
GM's decision to keep the additional showrooms open effectively shrinks the number of appeals it has to contend with. Arbitration hearings for the dealers who didn't get offers but still want to stay with GM will begin later this month.
The cuts to GM's 6,000-dealer network were designed to compensate for much lower demand for cars and trucks, but some dealers have argued that lots that are still profitable are at risk, and that the automaker hasn't offered enough details about how it's choosing which businesses to shutter.
So are they basically returning to the unprofitable, unsustainable pre-bankruptcy era where the focus was on maintaining market share rather than on making money?
Shnicky-Poo
Groovin'
Geesie
Diggin' the scene with a gangsta lean
Shnicky-Poo wrote:Why?
The Delta, Gamma, and Epsilon platforms were all developed by Opel.
Geesie
Diggin' the scene with a gangsta lean
Also, did you miss this part of your story?
Either GM reinstates a few hundred dealers or they have to litigate twice as many appeals in the next four months. This isn't about maintaining market presence. It's about the dealers leaning on Congress yet again.
Quote:But the dealerships have said GM treated them unfairly, and last month Congress passed a law requiring an appeals process for the dealers.
Either GM reinstates a few hundred dealers or they have to litigate twice as many appeals in the next four months. This isn't about maintaining market presence. It's about the dealers leaning on Congress yet again.
Shnicky-Poo
Groovin'
Geesie wrote:Also, did you miss this part of your story?Quote:But the dealerships have said GM treated them unfairly, and last month Congress passed a law requiring an appeals process for the dealers.
Either GM reinstates a few hundred dealers or they have to litigate twice as many appeals in the next four months. This isn't about maintaining market presence. It's about the dealers leaning on Congress yet again.
Unless the market has changed drastically since they decided to close those dealerships, I doubt very much whether the cost of litigation would be hugely more than the cost of maintaining a bloated dealer network.
Geesie
Diggin' the scene with a gangsta lean
Tell it to Congress.
The bankruptcy probably allowed GM to negotiate better terms with the dealerships, too.
The bankruptcy probably allowed GM to negotiate better terms with the dealerships, too.
We looked at new Terrain's a couple weeks ago.
Really fairly decent, loaded with everything but the nav crap right at 30 grand for the little motor version, v6 a bit more.
Really fairly decent, loaded with everything but the nav crap right at 30 grand for the little motor version, v6 a bit more.
Chevrolets are fuckin' ugly; 'cept for the 'Vette.
Buick LaCross is as nice a car as any Lexus I've seen recently.
Buick LaCross is as nice a car as any Lexus I've seen recently.
ame
Everything you've read or heard is true.
In regards to the shutdown/reopen thing:
They shut down ALL Cadillac dealers. The dealers then had to file petitions for re-opening as a Cadillac store. We actually have filed 6 on behalf of one store. They seem to only be reinstating those who kept fighting and didn't give up after their appeals failed.
They shut down ALL Cadillac dealers. The dealers then had to file petitions for re-opening as a Cadillac store. We actually have filed 6 on behalf of one store. They seem to only be reinstating those who kept fighting and didn't give up after their appeals failed.
Wouldn't reopening dealerships be a sign of optimism in an improving economy?
matt
somewhat dendrophobic
In an improving economy, yes it would.
Dan
The Only, The Angry
Good thing the economy is improving, then.
