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Dealers Get the Axe, Buyers Get Sweet Deals

May 18, 2009 – 11:58 am – No Comment
Dealers Get the Axe, Buyers Get Sweet Deals

This past Thursday, Chrysler asked a New York bankruptcy court to end its franchise agreements with 789 dealerships across the country and informed them that they would no longer be receiving stock, basically closing them. These 789 dealerships will soon be going out of business. …

GM to cut marketing budget by $800 million in 2009

February 26, 2009 – 11:32 am – No Comment

GM has plans to slash the current marketing budget by $800 million this year. Hopefully, this will mean the end of seeing GM ads one after the other on TV between 5 and 7 at night.
Of course GM has to slash its marketing budget, with …