Thread: Recession
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Old 01-08-2009, 10:24 AM   #38
Camaro_Corvette
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Quote:
Originally Posted by interrex View Post
Well it is starting here in Kokomo Indiana , Buick Pontiac dealership closed overnight with no warning. They said it let all sales departments go and keeping the service department open for right now. I do not think anybody will do business with them any longer. Its a shame to. I hate to say this but I do not think we have seen the bottom yet..
They Closed!?!?!?

Kokomo is a bad example though. Right now it is the 3rd fastest dying city in america. It's really unfortunate, but the entire city thrives off of a few big companies all of which are extremely unstable. People have feared this for damn near 20 years now, and yet nothing was done to prevent it. They dropped the ball on GETRAG and somehow my small rinky dink town got a huge plant built in it that right now has no owner, and no business and is hoping that another company (probably honda) buys the freakin facility. I don't know what is going on in Kokomo but it is not good.

Even going to the kokomo mall was a joke. When you and three others are the only people in a MALL then you know you have a problem. So when I think about it, yes I am surprised they closed this early in the game, but on the other hand I am really not surprised at all. But I wouldn't say that the entire economy is going to the toilet just because a dealership in a dying city shut down.
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