Word: closedness
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There is a much more acute problem which is that many of the dealers that are going to be closed will go bankrupt. Estimates vary, but these dealerships probably have about 80,000 vehicles in inventory. The franchises will rush to sell them to get cash to handle obligations. Dealers...
GM and Chrysler did not make a single intelligent move as they told dealers that they would be closed. Customers and potential customers got to learn about what happened to the local GM or Chrysler franchise by reading it in the paper. The two manufacturers may have forgotten that many...
A surgical approach to the dealer closings probably would have worked. It might have started with a letter from the head of the car company to the local mayor. It might have included a letter to all of the people who bought a car from the dealer being closed saying...
President Bush established the secretive commissions to try accused terrorists two months after the Sept. 11 attacks, though only three defendants have been prosecuted amid legal challenges and repeated setbacks in the U.S. Supreme Court. Obama explicitly criticized the commissions during the presidential campaign and suspended their use on his...
Less than a minute after the market opened, share trading was halted for the first time ever when sharp gains in the Sensitive Index, or Sensex, triggered an automatic suspension. Trading resumed two hours later but so-called "circuit breakers" were again tripped by heavy buying in a matter of...