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Local auto dealers are relieved by bailout news

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Posted: Friday, December 19, 2008 10:00 pm

A heavy sigh of relief swept through Lodi's car lots on Friday as word of President Bush's $17.4 billion auto loan package reached the ears of those in the industry.

"We're glad to see Chrysler and GM being helped out. If they fail, that affects us," said Geweke Ford manager Mark Meyer. He said Ford was still stable, as sales staff and customers milled about the dealership.

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Welcome to the discussion.

4 comments:

  • posted at 8:50 am on Tue, Dec 23, 2008.

    Posts:

    dogsI saw on tv the other night there is a lot, and I don't remember if it's in LA or the Bay Area, where they have 2,000 brand new never been drivin cars just sitting there. They are 2006 models they didn't sell. The bailout is only postponing the inevitable. They have been bailed out before.

     
  • posted at 3:58 pm on Sun, Dec 21, 2008.

    Posts:

    Dogs, I wouldn't hold my breath.

     
  • posted at 9:05 am on Sun, Dec 21, 2008.

    Posts:

    edumacation, at those prices, ever heard of Grayhound. The auto company`s want a bail out, does that mean their going to make more cars they can sell? Take a look at the new cars dealers lots around town, full of cars nobody wants. We can only hope G M and Chrysler get there stuff together and don`t need anymore money and can pay back what they owe.

     
  • posted at 2:26 pm on Sat, Dec 20, 2008.

    Posts:

    Geweke RV: I heard you are having year end clearance sales on 39 foot Fleetwood motor homes? Can you give me a deal on the fuel costs? Lets see a 90 gallon tank of diesel at $2.37/gal and 6 miles per gallon= $213.30 to get to Eugene Oregon for another $213 fill up. Do you have any Hybrid Motor Homes?

     
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