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Old 05-14-2009, 01:25 PM   #1
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Dealership Closure List? Do we have one yet?

Weren't dealer closings supposed to be announced today? Do we have one for GM yet? I know Chrysler is announcing.
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Old 05-14-2009, 01:36 PM   #2
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Weren't dealer closings supposed to be announced today? Do we have one for GM yet? I know Chrysler is announcing.
It was on the news today on TV for Chrysler. 6 in our State so far but were really small dealerships.

Tomorrow they mentioned will be GM's list or partial list of dealers to close or at least to lose there licence to sell GM brands.
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Old 05-14-2009, 01:36 PM   #3
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It is being reported that GM will just not renew the Franchise agreement with the dealers that they want to get rid of. On Friday they will send out a "warning letter" to the under performing dealerships. The Franchise renewals dont go into effect until Oct 1st.

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Last edited by live2well; 05-14-2009 at 01:49 PM.
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Old 05-14-2009, 01:48 PM   #4
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yup tomorrow 1000 dealers will be told we will not be renewing your sales and service agreement, it was nice knowing you.
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Old 05-14-2009, 01:57 PM   #5
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Hopefully mine will be ok...........he is the #1 Corvette dealer in his region. Crossing my fingers........he did get his V6 show car at the end of April and all of his allotments are almost filled with me being last at number 8 so we shall see I guess.
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Old 05-14-2009, 02:06 PM   #6
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Mine has already shut down. :( There are 5 (was 6) chevy dealers with in a 50 mile radius of me. Im looking for at least 2 of the remaining to be closed
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Old 05-14-2009, 02:08 PM   #7
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Mine has already shut down. :( There are 5 (was 6) chevy dealers with in a 50 mile radius of me. Im looking for at least 2 of the remaining to be closed
Man I'm sorry........maybe look out of your state for someone with allocation left. I found one last week and took it. All hope is not yet lost. Hang in there. I put my order in at a dealer in Sterling, Va. Will have to go get it but it will be a hell of a great ride home.
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Old 05-14-2009, 02:12 PM   #8
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Originally Posted by Lee9710 View Post
Man I'm sorry........maybe look out of your state for someone with allocation left. I found one last week and took it. All hope is not yet lost. Hang in there. I put my order in at a dealer in Sterling, Va. Will have to go get it but it will be a hell of a great ride home.
it wouldn't matter if they had 100 allocations available i wouldn't be able to now any way. waiting for the economy to pick back up.
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Old 05-14-2009, 02:13 PM   #9
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Tomorrow.

Some Chevy dealers are on here though:

http://www.camaro5.com/forums/showthread.php?t=22752
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Old 05-14-2009, 02:30 PM   #10
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I am worried about my small town dealership.
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Old 05-14-2009, 02:51 PM   #11
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I have a spread sheet of plant closings. It is beyond GM. Pretty scary when you look at it. It is going to ripple our economy or what is left of it. Sorry I will not post it here. I sent it to a mod and he through another mod. It was decided that it would cause more uproar and panic attack than anything.(look at any little issue with our Camaro's as proof of that) Lets just say that all manufacturers are experiencing the current economy. Lets do our part and get Camaro's on the road for potential buyers to see!
Plant closings or store closings?
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Old 05-14-2009, 03:08 PM   #12
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I was told by one dealer the Chevy and Cadillac was safe. Buit it was Buick, Pontiac, Saab, and Hummer dealers that were getting shut down. But this is just what I heard. I really just hope that this is accurate information.
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Old 05-14-2009, 03:15 PM   #13
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Mine has already shut down. :( There are 5 (was 6) chevy dealers with in a 50 mile radius of me. Im looking for at least 2 of the remaining to be closed
Yeah we have the same thing up here... some 11 within 50 miles... I think the ad is "Visit on of your 22 local GM/Chevy Dealers in the Puget Sound area"

22...0.o
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Old 05-14-2009, 04:20 PM   #14
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Sure hope one that gets the ax is the chevy deasrship in Vallejo, CA. It turns my stomach that it's also a mazda and hundai dealership. This shouldn't be allowed. Plus they have a black 1lt camaro marked up ten grand and all of their cars are caked in dirt.
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Old 05-14-2009, 05:01 PM   #15
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Originally Posted by Richochet83 View Post
I was told by one dealer the Chevy and Cadillac was safe. Buit it was Buick, Pontiac, Saab, and Hummer dealers that were getting shut down. But this is just what I heard. I really just hope that this is accurate information.

It isn't...

There are more than 500 U.S. GM Dealerships that sell fewer than 50 NEW Vehicles per year... WHY are they still around?

The list will include members of ALL GM Brands...and ALL Markets/Zones...

If a Chev Store has an intial allocation of Camaros, and NONE are moving "in system"...GOODBYE...
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Old 05-14-2009, 07:04 PM   #16
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Look out big city dealers, D-DAY is here.

The other 2,000 dealers to be cut will be in major metropolitan and suburban areas. GM's own turnaround plans say "dealership overcapacity is most prevalent" in those markets.

The expectation is that the surviving dealerships will become larger and more profitable as a result of the thinning out, which in turn will allow them to spend more on advertising and facilities. But GM also acknowledges that its long-term decline in U.S. market share will continue as a result of the smaller network of dealers.

Typically it is an expensive proposition to buy out dealers. GM spent about $1 billion dropping Oldsmobile at the start of the decade, mostly in payments to 2,800 dealers and the repurchase of their inventory of vehicles and parts.

The company believes that the threat of bankruptcy, plus the difficult financial condition that has led to hundreds of dealership closings in the past year, will allow a far less expensive cutting of the dealership network this time.

GM's 2,700 rural dealership locations are relatively safe, even if they have lower sales volumes than some of the dealerships that will be cut. GM's turnaround plans released in February anticipated few cuts in the rural dealers in the near term.
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Old 05-14-2009, 07:06 PM   #17
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Plant. temporary and permanent. My brother works as a supplier and he got it sent to him. All I can say is buy buy buy. shiite for brains bin laden is winning at the moment in my opinion. No political responses please just my opinion.
You're baiting political responses with your wording :P
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