成人小说亚洲一区二区三区,亚洲国产精品一区二区三区,国产精品成人精品久久久,久久综合一区二区三区,精品无码av一区二区,国产一级a毛一级a看免费视频,欧洲uv免费在线区一二区,亚洲国产欧美中日韩成人综合视频,国产熟女一区二区三区五月婷小说,亚洲一区波多野结衣在线

立即打開
Dump the auto dealers?

Dump the auto dealers?

2009年07月24日

????GM and Chrysler want to trim their distribution channels, but Congress is standing in the way.

????By Alex Taylor III

????From the cries of protest emanating from Washington this week, you would think that General Motors and Chrysler were guilty of clubbing baby seals. Or perhaps drowning kittens.

????Such is the power of the nation's auto dealers to command public attention. And in our nation's elected representatives they have found some very sympathetic listeners.

????At issue is whether the two auto companies, struggling to return to solvency, can sever ties with some of their dealers.

????The question has given Congress ample opportunity to take both sides of the same question. After attacking the auto companies for not making themselves profitable, it is now criticizing them for trying to do exactly that by trimming excess capacity.

????The effort is even more ironic because auto dealers have long ranked as poorly as the news media when it came to public trust and respect. Now they are being wrapped in the American flag, lauded as pillars of their communities, and celebrated as linchpins of the national economy.

????"What's happening to auto dealers is disgraceful and un-American," thundered Rep. Steven C. LaTourette, (R-Ohio). "Destitute and desperate, Chrysler and GM behaved no better than strung-out addicts, willing to sacrifice just about anyone and anything for a $56 billion fix."

????Just to show he is no empty suit, LaTourette tacked an amendment onto a spending bill that restores dealer franchise agreements prohibiting peremptory dismissal. Of course, it was those same state franchise agreements that have blocked the car companies for years from using a more orderly process to slim their dealer bodies down.

????So car dealers, because of their national presence (there is one in almost every congressional district) and financial clout, become another protected class, along with farmers and defense contractors.

????No one is arguing that closing hundreds of outlets won't create financial hardship for the dealers, their employees, and the communities where they are located.

????Bankruptcy always creates hardships. Stockholders lose out, suppliers get paid only pennies on the dollar, and creditors take a haircut.

????But as U.S. Bankruptcy Court Judge Arthur Gonzalez stated, dealership terminations may be necessary if Chrysler, for one, is to survive. He added, "These are the kinds of economic decisions that have to be made in every bankruptcy case."

????Could the terminations have been handled better? Sure. Dealers I know complain that Chrysler was particularly tricky in forcing inventory on them before it went into bankruptcy, and then terminating them when their lots were bulging with unsold cars.

????Yet as GM CEO Fritz Henderson pointed out in his congressional testimony, GM's aging, outsize, marginally profitable dealer network puts it at a competitive disadvantage with the imports.

????The Treasury Department agreed, pointing out in its March 30 comment on GM's viability plan that "Underperforming dealers create a drag on the overall brand equity of GM and hurt the prospects of the many stronger dealers who could help GM drive incremental sales."

????That hasn't stopped the likes of Sen. John D. Rockefeller, IV (D-W. VA), who should know something about capitalism, from pandering to the dealers. "I don't believe that companies should be allowed to take taxpayer funds for a bailout and then leave locals dealers and their customers to fend for themselves. That is just plain wrong."

????Why stop at dealers? Why not also protect laid-off employees, residents of communities with closed factories, suppliers, and everyone else suffering economic hardship?

????As usual Congress wants to have it both ways. It wants GM and Chrysler to get healthy so they can pay back the federal money. On the other hand, it wants to bail out the aggrieved groups that complain the loudest -- at the cost of the car companies.

????That is a toxic combination that does not instill confidence in our deliberative bodies.

掃碼打開財(cái)富Plus App
日本精品啪啪一区二区三区| 精品午夜视频一区二| 日日骚日韩乱码AV一区二区三区| 无毒不卡在线观看无需下载| 国产精品久久久久久无码| 师父的蘑菇好软水好多H15视频| 无人区码一码二码三码区别新月| 97精品人妻一区二区三区香蕉| 久久思思99精品视频国产成人91精品| 中文字幕高清免费日韩视频在线| 国产精品免费精品自在线观看| 91人摸人人澡人人人超碰| 国产精品国产三级国产潘金莲| 国产成人午夜电影在线观看91| 久久麻豆精亚洲AV品国产蜜桃| 色狠狠色噜噜Av天堂一区| 深夜A级毛片视频免费| 久久97精品久久久久久久不卡| 国产美女黄网站免费视频| 国产精品国产三级国产潘金莲| 无遮挡又粗又大又黄在线视频| 亚洲AV久无精品一区二区国产| 亚洲精品欧美综合四区| 国产成人亚洲综合一级黄色毛片| 人妻无码aⅴ不卡中文字幕| 精品人妻系列无码专区| 久久精品国产精品亚洲下载| 熟妇高潮一区二区三区| 国产古装又黄A片在线观看| 国产成A人亚洲精V品无码樱花| 柠檬AV导航国产精品久久久| 在线播放免费人成毛片乱| 国产大片内射1区2区| 又粗又大又硬毛片免费看| 成人精品怡红院在线观看| 国产欧美精品在线一区二区三区| 国产欧美一区二区精品久久久动漫| 欧美成人精品动漫在线专区| 国产精品免费大片| 99久久免费精品国产72免费| 超碰97人人做人人爱|