Dealership Closure List? Do we have one yet?

[LOWDOWN]

Originally Posted by Richochet83

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...

[CamaroScotty]

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.

[wullger]

Originally Posted by Jamie Mac

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

[Vole182]

My question is if the dealership goes under what happens to the deposits and cars we ordered?

[69 Hugger]

Originally Posted by CamaroScotty

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.

Hey Scotty I just herd on the news that the dealerships that will be shutting down that GM will not buy their left over cars/trucks. Will the other dealers that are staying open buy some of the inventory ?

[StoutFiles]

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.

How does GM's failures have ANYTHING to do with Bin Laden? I know he's a fun scapegoat but come on.

[Sinergy]

Originally Posted by wullger

You're baiting political responses with your wording :P

That's the least of his baiting...

[orange_5thgen]

Originally Posted by Jamie Mac

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!

I would love to do my part, but I kinda need to get my car first. GM get me my car and I will drive it around and tell people how much I like it and how they will love it etc.... I've said many times that getting the cars to all that have ordered and then letting us drive them around will be some of the best free advertising GM can get.

[orange_5thgen]

Originally Posted by Vole182

My question is if the dealership goes under what happens to the deposits and cars we ordered?

I second that. What will happen?

[2010SLVRBULIT]

So...are the pre-order/allocation deposits customers have put down, gone/down the tubes? Or is it a GM recognition that our orders will be sent to nearby 'active' dealers for processing.. I'm getting confused..must turn away from the dark(blue oval) side. Cuz
if I don't get a Camaro, I'm keeping my Civic(I'll put hockey stripes on it, damnit!)..

[CharlieNubz]

Originally Posted by orange_5thgen

I second that. What will happen?

same question???

[Sloppy Joe]

OK....The "Good" news...your car finally shows up at your dealer tomorrow... The "Bad" news....your car shows up tomorrow at the same moment your dealer gets the word he's closing!

Probably should take pass on the whole dealer prep process and get your car out of there as quick as possible!

[orange_5thgen]

I'm in a big metropolitan area, but my dealership is supposed to be one of the top sellers in Texas. I hope that means they will make it through to the other side.

[CamaroScotty]

Keep in mind there is some time before they actually close. But if they are on the list, your order SHOULD transfer to another dealer...the deposit would more than likely have to be refunded to you and be given to the new dealer.

I'm confident Chevy still wants you to get your camaro!