Mike Thompson by Mike Thompson

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  1. dtroutma

    dtroutma said, 6 months ago

    There is the factor of an over-saturated market finally realizing their excess product is unwanted?

  2. Corosive Frog

    Corosive Frog said, 6 months ago

    That’s part of a derregulated market. Stuff people don’t want or need don’t sell. Companies that makes stuff that doesn’t sell goes out of business.

    Logic, pure common sense. It’s capitalism. Except this time, America (and the west in general, where the very idea of capitalism was born) is on the loosing side.

  3. oldlegodad

    oldlegodadGenius_badge said, 6 months ago

    “”We will bury you”“( But you will do it to yourselves.) NK

  4. Graham Freeman

    Graham FreemanGenius_badge said, 6 months ago

    Either:

    a) There is a demand for car sales in the US in which case auto dealerships will survive,

    or

    b) There is little demand for car sales in the US in which case it’s the consumers ‘fault’ and not the Big 3.

  5. ANandy

    ANandy said, 6 months ago

    After many $Billions it comes to this?
    Q. Which idiots couldn’t see this coming?
    A. Idiot Congress.

    Something I don’t understand, how does an independent dealer/franchisee cost the car company money other than some minor administrative costs? Can franchise contracts be renegotiated?

  6. Michigander

    Michigander said, 6 months ago

    ANandy, does seem like they could have tried to work out something with them instead of just throwing them out to the dogs, doesn’t it?