Would Chrysler and GM Like to Sell Anyone the Brooklyn Bridge?

Well ladies and gentlemen right from the horses mouth they state that cutting such a large amount of dealerships is their key to survival but you know I look at that as a bunch of malarkey. In my eyes this is nothing more then a ploy to force the American government to anti-up additional funds for the CEO’s to deposit in their retirement funds.

If I make a product and I have stores and shops which sell my product for me I stand a good chance of making money. Let’s suppose that I have 10 stores such as these. My profits appear good at this point. Now if I happen to increase my associate stores to 20 across the country then I will logically make twice as much money as I had before.

A dealer as I understand makes a payment monthly on each of the automobiles that they have in their inventory. If they sell one car they pay the car off with GM or Chrysler. If not they continue to make their monthly payments for the cars.

If you ask me it appears that this is a win-win situation for the auto maker as they will be out nothing. However, in their efforts to extort additional billions from my government they use the excuse that they are cutting back.

All these heads of the major car making companies have recently informed the nation’s lawmakers that they have too many dealers to support the products they are making. Oh Gee, Mr. Make Billions in Bonuses, why do we fail to see this? These same CEO’s of the companies know perfectly well what they are doing and they readily admit that they are aware of the pain that their actions are causing in various communities around the country. They should known since they planned this complete charade to seduce the government out of more funds.

It was humorous when GM’s president Fritz Henderson mentioned that this was their last chance to get it right. My god boy, how many years have you been trying now and the only thing you seemed to accomplish was creating a vast bank account for yourself and your cronies?

Jay Rockefeller said it well when he remarked that these companies should not be permitted to take the taxpayers bail out money and then abandon the dealers to fend for themselves. As Mr. Rockefeller mentioned the car manufacturers are indicating that their woes are a result of the dealers. We of course realize their problems center around their greed and the lack of misunderstanding of the auto market place and what people want.

Although the big two auto makers have claimed that the tax payers investments is best protected by them cutting back on their productions as they are doing, I personally feel and I certain hope Mr. Obama does too that the best protection is to cut off this gangrene infected section of our economy and waste no more of the taxpayers funds on it.

It is very interesting to note that Ford Motor Corporation as of this date has not filed for any sort of bankruptcy protection nor have they accepted any federal bailout money. There is currently no word received from Ford on it closing any of their dealerships as well. Is this telling us something? I certainly know which auto manufacturer I will purchase a vehicle from in the future and it doesn’t begin with a Chrysler or General Motors.