I agree . I had 2 Ford cars, 3 GM cars, a Volvo and Hondas. I will only buy Hondas and toyotas from now on. US car - expect 100K miles before the power train goes Toyota, Honda - expect 200K miles before the power train goes. Why do people think that they have higher resale values??? because they last! The only thing Ford and GM know how to make is Vans and trucks - Had 200K plus each on 2 Ford econoline vans. Their cars? forget it...
Imo, the guy has a legitimate complaint and sounds like a smart guy, ehhh. he got punched in the nose and once he realizes to cut his losses, I'd be wiling to bet he'll be successful at something else. Really. buying a franchise is buying a job which is what happened years ago. I sure he has recouped his investment on that intial purchase. Now it is worth nothing, (the punch in the nose) no one likes losing money but face it, this is not your daddy's Dodge world and I'm sure he didn't want to face the reality.
LOL @ all these dumbass twenty somethings saying that the Big 3 don't know how to make good cars. How the fuck would they know? They haven't driven an American car since they borrowed their daddy's Buick when they were 16. The quality of American cars has improved substantially since the late 1990s. They're easily on par with the crap put out by Honda, Toyota, Nissan and Mitsubitchy.
Well well, the Tyranny of the Statis huh? The collective destroying the individual. Locked and loaded and free in Texas. Dealerships are closing, but nothing like in that letter. So, Good luck to all you who live in the BLUE STATES....soon the OBAMA manifesto will be passed out. Cali might be waking up...seems as if they shot down all 5 props for tax increase. Revolution on the horizon? Or just a bunch of people who can not be squeezed anymore, praying for Statis movement to stop? Time will tell. Unemployment to reach 10% by years in, even sooner. But think about all those new Grads from college....Hummm...do you add that to the Unemployment Figuers as well? Save your money boys.....and not in dollars.....the storm is thick and building off the coast.
wasn't Chrysler bought out by a "hedge" fund? Perhaps they can rescue the owner. It is a risky business.
I agree that now they are very close, but the problem is that for 30 years it wasn't that way. And now as result, the perception is they still that they lag the imports. Perception is now killing the US autos. They made their bed 30 years ago and now they have to sleep in it. Unfortunately I owned TWO Dodge Intrepids in the 90's that were ABSOLUTELY rediculous and it really tainted my image of the US companies. Now I have a Ford Edge as a company car and love it. I also own a Camry that my wife drives and we like it as well.
The only thing bogus is your intellect. http://www.floridatoday.com/apps/pbcs.dll/article?AID=2009905200319
Somehow I missclicked. I meant to answer that question with another question. How could Chrysler stay in business so long with inconsistent products which the labor cost far outpaced the foreign competition? This guy must think that sustaining a family business is guaranteed under the Constitution, although in Prez Barry's Bizzaro world, labor seems to got some rights no one ever imagined that they could have.
Looks like Melbourne is going to be getting a new Tata dealership or maybe a Kia, or Maybe a Changfeng or maybe a Chery. These dealers are car sellers its all they know and there are plenty of car companies that want to access the US market. I think the remaining dealers would be making a smart move now if they jumped fanchises before all the lower volume dealers do. I mean even if Chrysler emerges from bankrupcy there is a high probability that it will be there again in a short time span, like 10 years, with the ownership structure that is going to emerge. And who is going to want to buy debt in this new company since the government can now make up the rules as to who has claim to the assets.