cancel
Showing results for 
Search instead for 
Did you mean: 

Reuters: Nearly 1 in 5 car dealerships could fail

tag
MattH
Senior Contributor

Reuters: Nearly 1 in 5 car dealerships could fail

 

http://news.yahoo.com/s/nm/us_autos_dealers;_ylt=Ar8dgyj9OBwx7_bVk6EmepADW7oF

 

As many as 3,800 U.S. car dealerships could fail this fall and into 2009 -- nearly one in five -- because of weak sales, increased operational costs and the credit crunch, according to a forecast released on Wednesday.

 

 

A fair number of dealers in my area have already closed in recent months.

 

 

Message Edited by fused on 10-01-2008 02:19 PM
TU 791 02/11/2013, EQ 800 1/29/2011 , EX Plus FAKO 812, EX Vantage Score 955 3/19/2010 wife's EQ 9/23/2009 803
EX always was my highest when we could pull all three
Always remember: big print giveth, small print taketh away
If you dunno what tanstaafl means you must Google it
Message 1 of 2
1 REPLY 1
Anonymous
Not applicable

Re: Reuters: Nearly 1 in 5 car dealerships could fail

The dealer where we bought the DW's last vehicle and where she was getting it serviced- CLOSED a few weeks ago.
Message 2 of 2
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.