This is just the latest in a series of posts on the autocrats taking over and sinking auto dealerships across the country. But this comes with a twist guaranteed to make your blood pressure rise.
If you have not read the post from the Sound Off Sister on the Orlando car GM dealership being shut down you need to. Plus make sure you read Steve’s post on the role politics may be playing in the shutdown.
But, I can assure you, this next story will make you want to rant like a certain morning talk show host in Southern New England.
Imagine this. You own a dealership. Chrysler begs you to take on as much inventory as you can to boost their sales. The company tells you … “Don’t worry. Even if we go bankrupt we will buy everything back.”
But this is the government. They can change the rules whenever they want and they have. Listen to the story of Geoff Pohanka, a successful Chrysler dealer in Virginia. He was told first he was being cut loose. Then he was told he has 28 days to sell everything (including the extra inventory they begged him to take) after which no warranties will be honored. And then he was told … oh by the way, we will not buy anything back. Line of the day “I never thought this could happen in America.” Indeed.
And make sure you catch the little comment at the very end. They are shutting him down but NOT reducing dealerships in the area. Do you get it? Oh yeah. That’s right.