Go Back   DealershipForum.com > Domestic Franchises and Independent Dealers > Ford > Sales

Notices

Reply
 
Thread Tools Display Modes
Old 04-20-2009, 12:15 PM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,869
Default Ford's Minority Dealers offered opportunity to complete their buy-out for $1

News reports indicate that Ford is allowing dealers in their Minority Dealer Program an opportunity to complete their "buy-out" for $1. The only requirement is the dealer must be able to show they have adequate working capital to run the store.

Dealers who do not take advantage of the program will still be allowed to remain in Ford's Minority Dealer Program. Ford is not taking any new Minority Dealer applicants at this time.

Here's a link to the news report: http://www.freep.com/article/2009042...nership+for+$1

I wonder if this deal excludes real estate? It must, that's the only way it would make sense.
XDCX is offline   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ford's next Mustang won't be retro XDCX Sales 0 10-04-2011 10:49 AM
Is Chrysler still pushing dealers to complete Project Genesis by the end of 2011? XDCX Sales 30 08-17-2011 10:10 AM
Ford's new 2011 HD Trucks F&I Pro Sales 6 07-18-2010 11:27 PM
Ford's February Sales drop 48% XDCX Sales 0 03-03-2009 10:04 AM
Ford offers to Buy-out Minority Dealers - The rest of the story.. XDCX Sales 4 03-14-2008 09:18 AM


All times are GMT -7. The time now is 02:25 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016