Auto Dealerships Prepare for a Major Shakeout. [WSJ]
On one hand, I'm sympathetic towards the working people who are going to be affected by this. We have a couple of GM dealers here that are 75+ years old and are struggling. That's more than just "good riddance," that's more like losing a piece of community history.
On the other hand, there are WAY too many dealers. Why do I have FIVE of Ford's whiz-bang "supercenters" within 30 minutes of me (not counting several other, smaller Ford dealers)? There's really no need for this...it seems like a throwback to the days when people wouldn't drive an hour or two to find a better deal—back when people kept their business completely within their community. Now it's just internal competition.