Friday, May 15, 2009

The Road To Car Tomb, Part 4

Regarding the hundreds of thousands of employees of Chrysler and GM dealers that are going to lose their jobs: Nearly 900 Chrysler dealers got the UPS Letter Of Death yesterday, and some 1,100 GM dealers will be notified today and GM plans to cut another 1,500 dealers before the end of the year.

Odds are pretty good both Ford and foreign automakers are going to follow suit to stay competitive now that GM and Chrysler have opened the door. Ford has been making small dealership cuts, but this gives them cover to make some major slashing.

I'm betting none of those dealer employees are particularly motivated to vote for Democrats in 2010.

Just a hunch.

No comments:

Post a Comment