I'm OK with this, as Ford stands to be the industry leader, and the markets my other franchises lie in are struggling, which makes me consider whether closing those points might be justifiable. Nonetheless, these are all questions, along with many more, that we all must ask ourselves as automotive dealers in an ever changing market.
However, what makes me more curious today is that both GM and Chrysler have received substantial amounts of government monies -- or should I say, "our taxpayer dollars" -- to sustain an industry that is struggling. When I compare them, I'm not sure which automaker has some of the biggest challenges ahead of them. Regardless, let me give you an outline from my perspective:
Chrysler issues me a termination notice. No new vehicle returns, no parts returns, no special tools returns. The inventory you have taken and are liable for is yours. We no longer need you or your services to Chrysler. Good luck.
One day later, I receive notice from GM. GM expresses concern on market viability and long-term sustainability in my market area. If I choose to terminate, GM will buy back most of my new inventory, my parts and my special tools. To add to this, I received the "wind-down process" letter that many GM dealers have dreaded -- and for many, understandably so.
For me, GM now is willing not only to assist me with the closure of my point with a repurchase agreement for GM assets, but also to pay me a nice six-figure amount.
Now, let's review this: Both manufacturers are in financial trouble. Both are on life support from the government. GM is "working" with its dealer body, whereas Chrysler has dumped theirs with no support -- with the push of a "quick sale" that leaves an automotive legacy destroyed and market conditions that are very unfavorable for the remaining Chrysler dealer body.
With this I ask, "Where is the justice?" and, "Who will intervene in this obvious injustice and abuse of our taxpayer dollars?"