Yesterday General Motors officially entered Chapter 11 Bankruptcy protection – which came as no surprise to anyone. After having a day or so to digest the facts, I’m very saddened by what the US automotive industry has come to. When Government Motors ( the new name? ) emerges from bankruptcy, the United States government will [...]
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The past two days have been dark ones for the domestic auto industry. On Thursday, Chrysler, LLC made a powerful announcement – they would not be renewing franchise agreements for 789 Chrysler, Dodge, and Jeep dealerships. The list was made publicly available, and can be viewed here. To follow up that bad news, GM announced [...]
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