Many Ford Dealerships Closing
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Many Ford Dealerships Closing
In the recent ecenomic events, all the local ford dealers, as well as alot of other car dealerships are closed, closing, or have become majorly downsized and selling used cars. I live in a large city, and have to travel half way across town if I needed a part from the dealership.
Without warning, recently dealerships have closed like flys and their inventory of new vehicles transferred to other dealerships.
Has it been the same around your neighborhoods like mine?
If ford goes bankrupt, what if we need some oem parts to keep us running not offered by the aftermarket indusrty?
Without warning, recently dealerships have closed like flys and their inventory of new vehicles transferred to other dealerships.
Has it been the same around your neighborhoods like mine?
If ford goes bankrupt, what if we need some oem parts to keep us running not offered by the aftermarket indusrty?
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But if they did and you needed parts not offered by the aftermarket you would have to make them yourself or find used ones.
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#8
Lets see, in Chicago area in the past few years,Bert Weinmann Ford, Lynch Ford, Elmhurst Lincoln Mercury Ford, Royal Lincoln Mercury, Elmwood Ford, The ford dealer in Elk Grove village, . Then off the top of my head, some other brand dealers would include Saturn of Chicago, Lynch Buick, Lynch Chevrolet, Jacobs Twin Buick Pontiac, Olympic Dodge, North Oak Chrysler, Gateway Chevrolet,City Chevrolet, Cellozzi Ettleson Chevy, and numerous ones I cant remember the names of. I drive by them all the time and thelots are just basically empty, or the dealer lost their dealership and scaled down selling used cars only now. Atleast 75 big dealers and hundreds of used car lots here are gone.
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Luckily I live near the supposed largest autosquare but try not to go there since their prices are usually a little higher than other sports. They are very unlikely to go anywhere but you never know.
Cerritos Auto Square | World's Largest Auto Square | New & Used Cars, Trucks SUVs
Cerritos Auto Square | World's Largest Auto Square | New & Used Cars, Trucks SUVs
#14
Increased competition drives down sales prices per unit, further reducing profits.
There's a sweet spot for sure, but that's the beauty of a free market economy. Without artificial intervention you end up with the proper amount of resources allocated.
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