The losing dealers have been notified. Some of the fallout is heartbreaking.
These people deserved better than the shoddy way this is being handled.
Heartbreaking? Indeed. Necessary? Probably. Poorly handled? Most likely. But this sloppiness should not be a surprise to anyone.
I read the letter. The author was wrong about one thing: "THIS IS A PRIVATE BUSINESS NOT A GOVERNMENT ENTITY"
GM and Chrysler are effectively government owned at this point and the government officials are running roughshod over anyone that gets int the way of paying off the UAW.
Additionally he says: "My business is being stolen from me through NO FAULT OF OUR OWN. We did NOTHING wrong."
Yep. Welcome to the new America. The American taxpayers have been getting plundered for years but most aggressively and transparently in the past several months to help prop up companies that most of us did not invest in, did not manage and had no role in their failure, but are made to pay for it anyway.
And finally he asks: "HOW CAN THIS HAPPEN IN A FREE MARKET ECONOMY IN THE UNITED STATES OF AMERICA?"
Because America is not (and has not been for a long time) a free-market economy and it has become radically less-so in the recent past. I expect further departure over the next few years.