Word: carful
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...early years of the automobile, car dealers took animals in trade. As time passed the largest dealerships built elaborate showrooms and spent their own money for events around new model debuts. Running a large dealership is expensive. Buying cars from the manufacturers has not been a winning proposition for many dealers over the last two years. Most have to borrow money to purchase inventory. As sales have dropped due to the recession, many vehicles stay on the lots for months. Being a car dealer went from being extremely profitable in many cases to being a no-win business. (See pictures...
...dealers was, for many years, symbiotic. There was some real balance between the products and marketing that came from the manufacturing and the sales and service that came from the dealer. That bond has been broken in an especially short period since approximately a third of the distributors of cars for Chrysler and GM will lose their franchises. It is the only financially expedient thing to do, but the government is, once again, encouraging an action that will put tens of thousands of taxpayers out of jobs. By placing the large car companies on short leases, the Administration is insisting...
...Depending on how an accountant would value the equity that the Treasury will get in Detroit, the federal government will put $40 billion into the U.S. car industry and that number could go higher if the domestic automotive market does not recover. The auto industry is selling fewer than 10 million cars a year after selling over 16 million just four year ago and under those circumstances no expense reduction will make the industry profitable...
...According to French officials, Ayachi and Gendron had left Brussels sometime before the Dec. 11 raid, but nobody knew to where. It turns out that - unbeknownst to Belgian or French authorities - Ayachi and Gendron had actually been arrested in November, after Italian police stopped the camping car in which they were entering southern Italy and discovered five illegal Palestinian and Syrian aliens hiding inside. (See pictures of Fatah vs. Hamas...
...Still, there's only limited comfort to be had from the arrests of Ayachi and Gendron. Because Italian police were not aware of the Franco-Belgian surveillance operation, they had no reason to suspect the five people in the back of the camping car of anything other than trying to illegally cross the border. While police held Ayachi and Gendron, they let the other five go. The French official says the Italians had "no reason not to do what they always do with illegal aliens - they expelled them." The upshot: nothing much is known about the five suspected suicide bomber...