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Mar 5, 2010

Dealerships reopening

     Hmm...just where did I put that list of closed GM dealerships in Alabama?
Anyway, it appears GM will now allow about half of them to reopen. Huh? Like almost a year later? Other than whatever value there is to the GM brand name, have the owners been sitting around just wondering what to do with whatever money they have left from the disaster of 2009? At least they shouldn't have any trouble finding workers...new ones, for sure, since their former employees may be working at Bingo Centers available.
     Speaking of cars, have you been following the great lack of follow-up news about the plant being built in Alabama by the Chinese businessman? HK motors does have a website, and apparently a plan. They'll get investment from Chinese residents who want to emigrate to the U.S. They put up cash, and the U.S. government gives them a green card. A "Visa factory" is what one auto columnist called it.

1 comment:

  1. HK's plan sounds suspiciously like a Ponzi scheme.

    Further, it will be difficult to go after the leaders because they'll be offshore.

    ReplyDelete