Hope Just Not Enough for Dealers ; Automotive

Summary


While struggling carmakers hope for sales to start rebounding later this year, the dealers who are the front line of the automotive industry say they can't survive on hope alone.

Few dealers at the Chicago Auto Show, which opened on Friday, saw any signs of a rebound from the current 27-year low sales pace amid worsening recession and plummeting consumer confidence.

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Extract


Hope Just Not Enough for Dealers ; Automotive

John Guido, a Ford dealer in the Chicago suburbs, said that what keeps his dealership going these days is used cars, vehicle service and parts operatio...

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