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Bill "Snake" Heard Chevrolet closing its doors

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Obamarulz11 Donating Member (402 posts) Send PM | Profile | Ignore Thu Sep-25-08 10:45 AM
Original message
Bill "Snake" Heard Chevrolet closing its doors
Look at the picture on top of the article. Are the employees happy or what


SANFORD - Stung by rising gasoline prices and the struggling U.S. economy, the world's largest Chevrolet dealership network -- including Bill Heard Chevrolet of Sanford -- shut down suddenly Wednesday.

The stores' fates are unclear. It's possible they will either reopen under new management or General Motors could choose to run them until new owners are found.

About 2,700 employees will be affected by the closings at 13 dealerships nationwide, according to a brief statement from Georgia-based Bill Heard Enterprises. Its only other Florida store is in Plant City.

The statement blamed the shutdown on a litany of woes, including "rising fuel prices, a product portfolio of mostly heavy trucks and sport utility vehicles, economic recession, unfavorable local market conditions for vehicle sales, the crisis in the banking and financing sectors, and other factors."

These conditions "all combined to create a business environment in which the company simply did not have the resources needed to continue to operate," the statement said.

http://www.orlandosentinel.com/news/local/seminole/orl-heard2508sep25,0,4693514.story
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glowing Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 10:47 AM
Response to Original message
1. This bail out isn't going to save the economy if no one is willing to even
tap the credit lines.. This is the problem... People are not buying. People are hurting. The recession on Mainstreet has come home to Wallstreet.
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wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 10:47 AM
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2. Story title: Economic slowdown stalls Bill Heard Chevrolet
Not "Public No Longer Wants Cars that Suck"
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Obamarulz11 Donating Member (402 posts) Send PM | Profile | Ignore Thu Sep-25-08 10:55 AM
Response to Reply #2
4. I was finished with GM
I found out they manufactured my uncles 07 Lemon tahoe in MEXICO!
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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 10:49 AM
Response to Original message
3. kick
nt
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-25-08 11:41 AM
Response to Original message
5. the guy is a crook and gm pulled it`s financing..
95% of the car dealers in the usa are used to good times and bad times...
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