Law and Rights
Good grief. General Motors is looking for a buyer for its headquarters building in Detroit. How bad is it getting?
GM's spokesman Tom Wilkenson said "We have been looking for options to monetize the asset" which is code for sell it, mortgage it or lease it but, whatever you do, make money out of it. Collapsing demand in Europe has caused GM to temporarily shut down its plants in England and Spain and, longer term, cut production output. Meanwhile GM's stock value tumbled to a 54 year low.
Meanwhile, Detroit still thinks that rebates and incentives are the cure with the Detroit News reporting that GM spends $3,972 per vehicle for incentives in September while Ford Motor Co. spent $3,696 and Chrysler LLC spent $4,705.
The economy admittedly sucks while Detroit plays mirror games with prices. Why not just cut the darn price in the first place? After all, down at the corner store if something isn't selling they don't play rebate or incentive games. They just mark down the price and get rid of slow moving inventory. Plain and simple.
Problem is, of course, if they reduce prices customers might think, gee whiz there must be a lot of profit in there in the first place and by golly I'm just not going to pay so much next time. Well, so what's wrong with that attitude? Nothing. Why won't Detroit do it? Well, they'd have to be honest and that's just darn tough for car dealers to do. Apparently it's tough for car manufacturers too.
After all, they can't even admit that every once in awhile a car is a lemon.
Meanwhile, if you've got a lemon, call us right now1-888-331-6422 Toll Free or email us right now. Getting rid of lemons is what we do. Everyday. Why? Because in tough times someone has to help you watch out for your money and Detroit isn't doing it.
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Law and Rights
GM Hurting
Good grief. General Motors is looking for a buyer for its headquarters building in Detroit. How bad is it getting?
GM's spokesman Tom Wilkenson said "We have been looking for options to monetize the asset" which is code for sell it, mortgage it or lease it but, whatever you do, make money out of it. Collapsing demand in Europe has caused GM to temporarily shut down its plants in England and Spain and, longer term, cut production output. Meanwhile GM's stock value tumbled to a 54 year low.
Meanwhile, Detroit still thinks that rebates and incentives are the cure with the Detroit News reporting that GM spends $3,972 per vehicle for incentives in September while Ford Motor Co. spent $3,696 and Chrysler LLC spent $4,705.
The economy admittedly sucks while Detroit plays mirror games with prices. Why not just cut the darn price in the first place? After all, down at the corner store if something isn't selling they don't play rebate or incentive games. They just mark down the price and get rid of slow moving inventory. Plain and simple.
Problem is, of course, if they reduce prices customers might think, gee whiz there must be a lot of profit in there in the first place and by golly I'm just not going to pay so much next time. Well, so what's wrong with that attitude? Nothing. Why won't Detroit do it? Well, they'd have to be honest and that's just darn tough for car dealers to do. Apparently it's tough for car manufacturers too.
After all, they can't even admit that every once in awhile a car is a lemon.
Meanwhile, if you've got a lemon, call us right now1-888-331-6422 Toll Free or email us right now. Getting rid of lemons is what we do. Everyday. Why? Because in tough times someone has to help you watch out for your money and Detroit isn't doing it.
Burdge Law Office
www. New Car Lemon Law .com
Because life is too short to put up with a bad car.
Click here to see what your state's Lemon Law says a lemon car or lemon truck is.
www. New Car Lemon Law .com
Because life is too short to put up with a bad car.
Click here to see what your state's Lemon Law says a lemon car or lemon truck is.
Subscribe in a reader- Toyota Quitely Wins #1 Spot
Something quite extraordinary happened last week and hardly anyone noticed. Toyota became #1. There was no fanfare. No press release. No party. It just quietly happened. For 77 years General Motors had been the world's largest motor vehicle manufacturer....
- Ford And Mrs. Fields Cookies
Times are tough when the sweet tooth of Ford's Mustang isn't enough to get buyers up off the couch. We've talked before of Ford's dismal sales numbers lately, but you know the economy sucks when Mrs. Fields Cookies files bankruptcy and...
- 244 Mpg And 125 Mph For 220 Miles
Miles per gallon finally matters on Main Street. And it couldn't have come at a better time for Tesla. We've talked before about high mileage cars that were, for the most part, on the drawing board of lots of independent builders who were scrambling...
- Opportunity Is Knocking On Detroit's Door. Is Anyone Listening?
Detroit's Big 3 have a unique chance to take back market share and prove American engineering and know how are still King. But is anyone listening? Like the gasoline crisis of the 1970's, here we are again. And just like it was then, Americans...
- Grinch Strikes Auto Industry
Detroit has its "big 3" auto investors and all of them are predicting a sales slump next year. Looks like the Grinch has struck the auto industry! One of the predictors is Jerry York, an advisor to billionaire investor Kirk Kerkorian. Another is financier...