Pontiac/GMC dealer. This is getting really bad.

Be looking for Archer Auto to be next. Got word through the grapevine on them. A Chrysler/Kia/Jeep/VW/Dodge dealer.

WOW! They've been there forever too!

ditto on archer, we got a call from them last month saying they were about to close

They were open today. Had a bunch of yukons on the grass with hoods open and cards in them

"open today"

Doesn't surprise me about Guzman. I do some work with dealerships, and I had a look at their financial statements just a few months ago. They were absolutely brutal. I've heard the same thing about Archer. In fact, I believe one of their locations has already shut down.

Lefty,

What's your email address again? I have a question for you.

This may be old news but I just found out over the weekend that Lawrence Marshall closed as well.

I guess GM will reduce from 5000 dealerships through attrition rather than having to buy those dealers back (if that was ever considered).

maybe this will push vehicle purchases away from dealerships and salesmen...

support (at) oneclicknohassle (dot) com


Buying dealers out of their franchise agreements was the route GM was going to have to take to cut down on the numbers of active dealers. You gotta think that the attrition as of late is doing nothing but help GM save millions in buyouts.

Where did you hear they were closing? CatagBQ04 and I drove by this place and they were open this weekend.

I saw that they had a "for lease" sign up yesterday when I was at Cavender's. It said 7 acres (if I remember correctly) which would be about the right size for the whole enchilada.

BTW: What happens to the inventory on these lots? Does GMAC, Ford Credit, etc, transfer them to other lots since Guzman, Marshall, etc cannot fulfill their leases to GMAC, Ford Credit, etc?

Other dealerships in the area will be able to sell from their inventory, as it shows up online. My dealer did this earlier this year. Gave up being a GM dealer, and their brand new (did it on a Tues, shipment came in on Mon prior) stock just sat there until it was sold, or FINALLY transferred.

Is Bill Heard's inventory still sitting on their lot?



[This message has been edited by MaroonDontRun (edited 3/2/2009 2:16p).]

Bill Heard was just purchased by Tom Durant Auto Group. He owns all the "Classic Chevy" dealerships in the Dallas area. As far as I know, he bought the Sugar Land location, and at least one more in Florida. Don't know about the rest of the locations.

TexasRebel, franchise laws will keep manufacturers from ever selling directly to the public, at least in Texas. That's why there's no plans for Tesla dealerships in Texas, franchise laws won't allow it (although Texas is Tesla's most desired market).

I see that Guzman Pontiac is gone, and the sign says they have moved west.

Well out between Barker and Hwy 6 where the old Archer Jeep was, stands the new "Archer Pontiac GMC". Looks like Ernie sold out? They still show to own the Hyundai dealer in Rosenburg.