Word: carly
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Dates: during 2000-2009
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...manner in which the plans came about has also put teams in a spin. Not having been consulted sufficiently by the governing body, Renault said in its own statement, it was now refusing "to accept unilateral governance handed out by the FIA." (See pictures of the American muscle car in the movies...
...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...
...Shuttering car parts suppliers, large and small, closing dealers, firing tens of thousands of white collar and blue collar workers costs the American economy, in aggregate, more money than is imaginable and very possibly more than $40 billion over the next two or three years...
...Pathos is one word that could describe the shuttering of 3,000 American car dealers. Car sales operations have not always had a great reputation with the public but the human costs of shuttering them is no different than closing a hospital or a munitions factory...