Did I ever get an education this week on what the New car dealers are going through this week as they try and second guess GM and / or Chrysler next step.;
The dealers are on edge not knowing what’s going to happen to their livelihood or that of their employees. Jobs are on the line. Twelve hundred to Three thousand auto dealers are expected to shutdown.
Where will it end? The trickle down economy will only get worse when all these showrooms, repair shops etc close.
I’m very grateful to those dealership owners who didn’t want to speculate as they wait for the manufacturers phone call. In the meantime behind the scene’s dealers are jockeying for position making side deals with other dealers.
The landscape of the automarketplace is going to change rapidly. Consumers are not venturing into showrooms because they don’t know if their BRAND OF CHOICE is going to be around. The uncertainty is driving the price of used cars up. As one dealer told me its a new ballgame. The manufacturers are swinging with a big bat and we can only swing with toothpicks.