http://www.americanthinker.com/blog/2009/05/letter_from_a_dodge_dealer.html
Letter from a Dodge dealer
letter to the editor
My
name is George C. Joseph. I am the sole owner of Sunshine Dodge-Isuzu,
a family owned and operated business in Melbourne, Florida. My family
bought and paid for this automobile franchise 35 years ago in 1974. I
am the second generation to manage this business.
We
currently employ 50+ people and before the economic slowdown we
employed over 70 local people. We are active in the community and the
local chamber of commerce. We deal with several dozen local vendors on
a day to day basis and many more during a month. All depend on our
business for part of their livelihood. We are financially strong with
great respect in the market place and community. We have strong local
presence and stability.
I
work every day the store is open, nine to ten hours a day. I know most
of our customers and all our employees. Sunshine Dodge is my life.
On
Thursday, May 14, 2009 I was notified that my Dodge franchise, that we
purchased, will be taken away from my family on June 9, 2009 without
compensation and given to another dealer at no cost
to them. My new vehicle inventory consists of 125 vehicles with a
financed balance of 3 million dollars. This inventory becomes
impossible to sell with no factory incentives beyond
June 9, 2009. Without the Dodge franchise we can no longer sell a new
Dodge as "new," nor will we be able to do any warranty service work.
Additionally, my Dodge parts inventory, (approximately $300,000.) is
virtually worthless without the ability to perform warranty service.
There is no offer from Chrysler to buy back the vehicles or parts
inventory.
Our
facility was recently totally renovated at Chrysler's insistence,
incurring a multi-million dollar debt in the form of a mortgage at Sun
Trust Bank.
HOW IN THE UNITED
STATES OF AMERICA CAN THIS HAPPEN?
THIS IS A PRIVATE
BUSINESS NOT A GOVERNMENT ENTITY
This is beyond
imagination! My business is being stolen from me through NO FAULT OF
OUR OWN. We did NOTHING wrong.
This
atrocity will most likely force my family into bankruptcy. This will
also cause our 50+ employees to be unemployed. How will they provide
for their families? This is a total economic disaster.
HOW CAN THIS HAPPEN
IN A FREE MARKET ECONOMY IN THE UNITED STATES OF AMERICA?
I beseech your help,
and look forward to your reply. Thank you.
Sincerely,
George C. Joseph
President & Owner
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