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...many opinions from industry experts. The consensus is that the most damage to the car companies will come from the anxiety facing potential customers who may buy automobiles at these dealers and expect to have them serviced there. The car buyers will not want to drive long distances in order to find a dealer who sells the brand that they want. They will buy a Toyota (TM) or some other brand because they know that continued service is virtually assured. They may not feel the same way about GM and Chrysler...
...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 that go into Chapter 11 will probably have their stocks of vehicles auctioned off by the order of a court. (See the 50 worst cars of all time...
...introduced. It is hard enough to attract new buyers to the car showrooms without having an auctioneer from Sotheby's down the block taking rapid fire bids on Jeeps and Pontiacs. This will just increases the panic that car buyers feel about the reliability of their local dealers. In order to sell newer models, dealers will have to offer deep discounts and incentives to potential buyers. This means that the car companies and the dealers that are allowed to remain open will have to make substantial investments in marketing to get buyers looking for close-out sales to look...
Then a new source of hope appeared. Two days after his Inauguration, Barack Obama made his campaign pledge to close the U.S. detention facility at Guantánamo Bay, Cuba, into an Executive Order. Quickly, the prison's backers made a new pitch: Why not house some of those 240 detainees at Two Rivers? On April 21, Hardin's city council passed a resolution to entice the detainees its way, saying it could provide a "safe and secure environment, pending trial and/or deportation...
...ICRC Colombo office said it had no information of any such communication. Military sources told TIME that the Tigers were also suspected of talking with a European nation and the U.N. in order to surrender to a third party. "We gave them so many chances to surrender. The President kept repeating this," Hulugalle told TIME. "They waited this long. They caused so much of death and damage. They exhausted any chance of any surrender." (Read about the Tigers' last few days of battle...