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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