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Car dealers prep for lousy year (2008)
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2-9-2008 8:57 PM
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Read more:
http://news.yahoo.com/s/ap/20080209/ap_on_bi_ge/auto_de
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2dd01d0f-5b9a-43d7-88ae-c034a3f4a8d9/C23178C5-4AEB-43F0-A3CE-FA39B3CC82A1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686" href="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686" style="font-size: 11px;">www.democraticunderground.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>DETROIT - When thousands of U.S. auto dealers gather in San Francisco this weekend, much of the talk will be about just getting through 2008.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>The obstacles include a shaky economy, volatile stock market and tightening credit, setting up what economists are predicting could be the worst sales year in more than a decade.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>With word Friday that Chrysler may have plans to thin its dealership ranks and the other two U.S.-based automakers looking to do the same, those left to sell another day may end up stronger — and car buyers may benefit as well.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>"Fewer dealers means better prices for the customers," said Gerald Meyers, a former chairman of American Motors Corp. who now teaches leadership at the University of Michigan.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>That's because dealers not making money aren't quick to offer discounts.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3175686&mesg_id=3175686"><DIV>"If they're profitable, they won't lose the sale," Meyers said. "If they're not profitable, they might lose the sale on the margin."</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/C23178C5-4AEB-43F0-A3CE-FA39B3CC82A1/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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