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January 4, 2008

Car dealers close as Ford, GM, Chrysler keep cutting

NORWALK, Calif. — Instead of the stampede to inquire about year-end clearance sales, customers have been calling Ford dealer Norman Stutzke lately to offer condolences.
Stutzke shut down Keystone Ford this week after 39 years, one of hundreds of dealerships that face the ax around the country as Detroit's automakers downsize their retail operations, according to USA Today.

Having shuttered factories and eliminated hundreds of thousands of automaking jobs, Ford Motor, General Motors and Chrysler are now turning their attention to weeding out weaker dealers in bigger metro markets. They make fewer vehicles, so they don't need as many places to sell them.


Posted by Peter C. T. Elsworth  at 12:27 PM to Chrysler , Ford , GM | Permalink

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