You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #5: Not really [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
tammywammy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-29-08 08:33 AM
Response to Reply #4
5. Not really
Edited on Mon Dec-29-08 08:41 AM by tammywammy
GM's Sales & Service Agreement is very explicit in what a dealer is expected to do and when.

It'll be costly to GM, I assume they'll just try to buy out dealers. But if they yank the S&S then dealers retain the right to go into court and force GM to prove they violated the agreement.
Printer Friendly | Permalink |  | Top
  -GM And Chrysler To Shut Hundreds Of Dealerships babylonsister  Dec-29-08 08:07 AM   #0 
  - Here we go...  K Gardner   Dec-29-08 08:20 AM   #1 
  - In some states you just cant do it at all  RGBolen   Dec-29-08 08:25 AM   #2 
  - There are only a few reasons GM can pull the Sales & Service Agreement  tammywammy   Dec-29-08 08:30 AM   #3 
  - All they have to do is go to the mafia mentality for payments due  RGBolen   Dec-29-08 08:31 AM   #4 
     - Not really  tammywammy   Dec-29-08 08:33 AM   #5 
        - Yes but it's easy for things to get lost and delayed and lost again  RGBolen   Dec-29-08 08:43 AM   #6 
           - Again, then dealers can sue GM for violating the agreement  tammywammy   Dec-29-08 08:46 AM   #7 
              - filing a lawsuit especially if the other party works to delay any kind of adjudication  RGBolen   Dec-29-08 08:48 AM   #9 
              - Sure, they may shut the dealer down  tammywammy   Dec-29-08 08:56 AM   #10 
                 - But GM can litigate those shut downs for several years.  TexasObserver   Dec-29-08 06:07 PM   #14 
                    - That's why I assume GM will try to buy out dealers first  tammywammy   Dec-29-08 06:12 PM   #15 
              - Maybe, maybe not. Most business agreements contain a clause for force majeure  anigbrowl   Dec-30-08 02:25 AM   #19 
  - Maybe an opportunity for the Independant shops  Phred42   Dec-29-08 08:46 AM   #8 
  - The GMC-Cadillac-Hummer dealership here closed last year  csziggy   Dec-29-08 09:10 AM   #11 
  - What I Don't Understand Is That  ribofunk   Dec-29-08 05:58 PM   #12 
  - If ten franchises remain open in an area that can now support only five, they all might fail.  TexasObserver   Dec-29-08 06:02 PM   #13 
     - Yes, That May be True  ribofunk   Dec-30-08 12:02 AM   #18 
  - I wonder if they will close the dealership portion and leave the service part open?  MiniMe   Dec-29-08 06:16 PM   #16 
     - I doubt it  tammywammy   Dec-29-08 06:18 PM   #17 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC