Editor's note: General Motors' negotiations to buy Korea's Daewoo Motor Co. were continuing at midweek, and Daewoo's U.S. dealers were worried about the future. Here's what one dealer said.
To the Editor:
I am a Daewoo dealer in Russellville, Ark. I have been a successful used-car dealer for 10 years, and I have always dreamed of having a new-car franchise.
I am not a mega-multifranchise dealer who is worth a million dollars. I am just an average, hard-working person who has strived to be the best I could be. I started with 15 cars and now have more than 200.
My wife and I have put our blood, sweat and tears into this business. Our future and that of our 30 employees are at stake. We have put all our capital into making this franchise succeed in the United States.
I am not the only one who has made an investment in the Daewoo franchise. More than 525 Daewoo dealers in the United States feel the same as I do.
We ask the Korean government and General Motors please to consider our future and our customers before making a decision.
Out livelihood depends on you.