Most dealers are franchisees...independent businesses not owned by the manufacturers themselves. So the franchisees who can't make ends meet simply go belly up, and the folks who financed them [may or may not be GMAC, FMCC, or Chrysler Credit, or the local bankers] are the ones who take the hit.
Just having franchisees in every podunk little town doesn't cost the manufactured squat. Dealers have to buy prescribed signage, have buildings to meet manufacturer's specs--specs which change from time to time, driving some small dealers out. If the dealer qualifies, he may get some manufacturer co-op bucks for advertising, but for the most part the cash flow is a one-way street, FROM the dealer TO the manufacturer.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
... [Read Article]
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