DealershipForum.com - View Single Post - Virginia Chevrolet Dealer to close due to GM's Facility Demands

XDCX · 04-18-2013, 01:14 PM

In a story I fear will become more common, a newspaper report indicates that Wyatt Chevrolet from South Boston, VA will be closing their doors because they do not want to spend the money required to meet GM's new facility demands. Here's a link to the report - click here

Wyatt Chevrolet has a 74 year history in South Boston and likely shares the struggle that many rural dealers feel as they try to compete in an industry that has razor-thin margins. The more specific threat, in this instance, is an OEM that's increasingly putting demands on their dealers to make investments that don't necessarily add to their dealership's sales volume or profits.

It's sad to think Wyatt Chevrolet survived the GM OLDCO cuts, the worst recession since the Great Depression and they get taken out because GM's facility demands.

04-18-2013, 01:14 PM	#1
XDCX Administrator Join Date: Nov 2007 Posts: 14,869	Virginia Chevrolet Dealer to close due to GM's Facility Demands In a story I fear will become more common, a newspaper report indicates that Wyatt Chevrolet from South Boston, VA will be closing their doors because they do not want to spend the money required to meet GM's new facility demands. Here's a link to the report - click here Wyatt Chevrolet has a 74 year history in South Boston and likely shares the struggle that many rural dealers feel as they try to compete in an industry that has razor-thin margins. The more specific threat, in this instance, is an OEM that's increasingly putting demands on their dealers to make investments that don't necessarily add to their dealership's sales volume or profits. It's sad to think Wyatt Chevrolet survived the GM OLDCO cuts, the worst recession since the Great Depression and they get taken out because GM's facility demands.