Empty Dealer lot
According to a Reuters news story, a record number of dealerships closed in 2008, 881. That number makes up about 4.2 percent of the country’s 20,084 auto dealers. The lack of credit and slow sales is blamed for the cuts, while General Motors, Ford and Chrysler are all working to trim excess dealer capacity. For the full article, head on over to Reuters.
Tags: Chrysler, Ford, General Motors, GM
