A Chinese Hummer

Walking down an aisle at Sams or some other big box retailer and you are car shopping. This may not be that far from reality in the near future. Penske is considering buying Saturn and putting the nameplate on some cars from China and So Korea. A china company is buying Hummer minus the military version. There will not be a lot of profit in these vehicles and what idiot would build an expensive showroom after GM and Chrysler pulled the plug on several new facilities. Of course these may be for sale cheap. Chrysler is forecast to fall from there present 11% of sales to 3% by 2012. That along with the investment by Fiat capped at 6 billion there is a long road ahead for Chrysler. GM however is leaving 10 years of debt and has a solid lineup of cars in the future. With the government pushing mileage requirements and cleaner cars they are going to be spendy so the time to buy is now, but with money tight that is hard for many of us to do. With the fire sales going on right now search the money it is out there. My heart does go out to the many dealers who have lost their franchises I along with many others thought that if you had a profitable dealership it would go on forever. But this has not been the case, not to wish anyone bad luck but I hope in some fashion this comes back to bite Chrysler and GM in the rear. As in the repair business I have an idea these dealers were the ones doing business the old fashioned way with no high pressure sales IE you can’t go home without buying a car because we lost your keys or we made a mistake and sold your car.I doubt if Chrysler can make it even after bankruptcy I think it will be Ford GM and Toyota. You need to change the direction and leadership to become profitable and Chrysler has done neither and any big changes are forecast for 2012 way too late.