"thebigbossyboss" (thebigbossyboss)
06/30/2014 at 10:44 • Filed to: None
0
9|
"thebigbossyboss" (thebigbossyboss)
06/30/2014 at 10:44 • Filed to: None | 0
| 9 |
....with sales down 50% in the last 5 years, and only a 5.6% market share, some Canadian dealers are now suing the manufacturer. And you guys wonder why I haven't seen a C7 yet!
GM Canada dealers sue company after sales plummet
A group of prominent General Motors of Canada Ltd . dealers is suing the company and its parent General Motors Co ., saying the auto maker has ignored their repeated pleas for financial help to address a dramatic drop in sales and market share.
GM Canada's market share in the Greater Toronto Area plunged more than 50 per cent between 2008 and 2013, hitting just 5.6 per cent last year, according to the suit by 17 Toronto-area dealers. The list of dealers includes operators of some of the biggest GM dealerships in the country and some whose relationship with the company goes back to the 1920s.
GM Canada (GMCL) and its parent, the suit alleges, have failed to offer the dealers financial help, while pumping millions of dollars into support programs for U.S. dealers in markets that are similar to Toronto.
While Toronto area dealers' market share declined, U.S. dealers' market share grew, says a statement of claim filed in Ontario Superior Court last week.
"GM responded to the problems faced by its American dealers by extending financial support and assistance, in accordance to its obligations to them, but GM and GMCL withheld similar support from Canadian dealers during a continuing decline in their market share," the claim says.
That decision threatens the Toronto dealers' long-term future, the claim says, even as the auto maker demands that the dealers spend up to $10-million each to redevelop their stores to meet new image standards set by the head office in Oshawa, Ont....
...The suit alleges that none of the more than $10-billion contributed by the Canadian and Ontario governments went to help Canadian dealers, despite pledges that part of the bailout money would be used to help restructure the company's network in Canada.
"The claims are without merit and we intend to defend them vigorously," GM Canada spokeswoman Adria MacKenzie said in an e-mail. She said the company will have no further comment because the issue is before the courts.
!!! UNKNOWN CONTENT TYPE !!!
TheVancen- In Pursuit of a Greater Payday and Car Parts
> thebigbossyboss
06/30/2014 at 11:36 |
|
i saw a gray one in Kingston on my way to work last night. The old man stalled it at a stop sign.
|
thebigbossyboss
> TheVancen- In Pursuit of a Greater Payday and Car Parts
06/30/2014 at 11:38 |
|
Nice. I haven't seen one in Ottawa yet. I keep looking but they keep hiding.
|
TheVancen- In Pursuit of a Greater Payday and Car Parts
> thebigbossyboss
06/30/2014 at 11:42 |
|
its strange what you find if you active look around here. There are no less than 7 brass era Model Ts within 10 kilometers of me, a fellow in Napannee DDs an C1 Corvette and a family friend just picked up a salmon pink 1959 Meteor that is 100% original.
mr_gofast
> thebigbossyboss
06/30/2014 at 12:10 |
|
ive seen one stingray - convertable, cherry red 6spd parked in front of Barbarellas Diamonds
|
thebigbossyboss
> mr_gofast
06/30/2014 at 12:20 |
|
Damn I work on that street.
|
mr_gofast
> thebigbossyboss
06/30/2014 at 12:22 |
|
keep an eye out on Barbarellelas, the stingray belongs to either a owner of the place or oneof the bikers that runs it
|
thebigbossyboss
> mr_gofast
06/30/2014 at 12:25 |
|
Fair enough. Used to be a Big jacked up F250 parked in front of that place.
theuserformerlyknownasaluminumfoil
> thebigbossyboss
06/30/2014 at 12:51 |
|
I saw a white one the other day!! I thought of you LOL
Inline 6 Dreamer
> thebigbossyboss
06/30/2014 at 13:13 |
|
That's weird, saw a C7 all the way at Lime Rock with a Canadian liscense plate.