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When the Fed Bails Out the BIG 3...Who Bails Out the Dealers?
The Senate and House got a jolt this week while debating whether to bail out the Big 3 when it was learned that we shed over 500,000 jobs in November. The possibility of additional job losses from the domestic auto industry became the main reason for rushing to approve a bail out. Weʼll call it “Job 1”, coining a phrase from Ford. During the wonder years of post 911 rebates, 0% financing, and high margin sales of pick-ups and large SUVʼs the domestic manufacturers started adding new dealership locations like drunken sailors, diluting the value of the existing locations, lowering their sales, raising their marketing expenses for a share of voice in the over crowded print and electronic media, while forcing additional inventory on all of the locations.

Other dealership groups Related Articles

Networking for Fun & Profit
Networking events can work for both business-to-consumer (B-to-C) and business-to-business (B-to-B) companies. Some of these events have a theme; such as industry (hospitality firms), descriptive (marketing firms), or location (businesses on the west side of town). Your local business press should print the networking groups in your area along with the day, time and location of their meetings. Many networking groups are local, while others are national lead exchange groups such as Le Tip and BNI.
Crisis Leadership Reduces Stress and Improves Performance
Crises and emergencies are taxing to individuals, groups and organizations. Many people are automatically thrown into a fight-or-flight reaction, and others simply become depressed and passive. Either way, the stress on individuals and groups is significant and can be highly debilitating for performance. This article highlights techniques and principles you can use to lead in a crisis.
Advertising That Drives People Away
This automotive dealership advertisement got my attention, but not in a good way...
Top 7 Reasons Why Business Networking Organizations Fail
Business networking is a great way to meet your business to business target market. These groups or organizations can literally become an unpaid sales force for the small to mid size business owners depending upon their industry, After being involved in several business networking groups, I have observed these 7 common traits that separate the truly great business networking groups from the failed ones.
CONNECTING IS NOT ENOUGH: The Networking Journey……How networking has changed and where it is heading
May saw me celebrate a ten-year anniversary. On 11th May 1999 I started work for Business Referral Exchange, then a new networking organisation founded six months previously and with just four groups running in London, Hertfordshire and Essex. At the time networking as a formal activity was little known in the UK, with a few independent groups supplementing the networking offered by Chambers of Commerce and community groups such as Rotary. How times have changed! Networking is now a key activity for millions of small business owners across the World and, with the rise of social online networks, is being recognised as a key skill for everyone, from jobseekers to global corporates.

Chrysler and GM Update To Automotive Dealers
The following is the most pertinent information available today regarding Chrysler and GM as it relates to our dealer, attorney and CPA clients. The information is from multiple sources and groups, plus interaction we are currently having inside active transactions as we work with banks and their work out groups as well as the sales divisions of multiple manufacturers.
Auto Dealers Failing to Maintain Proper Documents Regarding Loans
In the era of auto dealership consolidations, short sales and creditor issues, many of our auto dealer clients and the sellers and buyers we are dealing with, have failed to adequately protect loans they have made to their dealership. Or worse, they have failed to protect investors or family members who have invested in their business, never contemplating that things might not work out. The following is what is essential to protect yours and your friends and family's investments in your company, or your investment in someone eleses company.

Business Development: Getting the Most Out of a Mastermind Group
Entrepreneurism is on the rise, and so are the mastermind groups that allow entrepreneurs to share diverse perspectives and strategies on business development. But not all mastermind groups are created equal. Choosing the right mastermind means striking a balance between entrepreneurs who are similar to you, and entrepreneurs who have a different perspective.
Debt Ceiling? What Debt Ceiling?
The other day, we're driving down the road, and I see a big AWESOME boat and trailer parked out in front of a dealership. "Cool!" I say. "I'm getting that!" But Colonel Wife was all, like, no way we could afford to spend that kind of money. But I go, "Ridiculous. We'll just raise our Debt Ceiling...".
Don't Protest the Rich, Get Rich
The rich would love nothing more than for everyone move up an income or wealth level. It is ridiculous to think the the richest 1% want to hold others down and are the supposed oppressors of all other financial groups. The intense protest against wealthy groups as the cause of those that 'don't have' is becoming a disgusting show of irresponsibility and a demonstration of ignorance at the best.

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