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Bill Heard Enterprises closes its doors (America's Number 1 Chevy Dealer Group)
autochannel.com ^ | 9/24/2008 | Chrissie Thompson

Posted on 09/24/2008 2:28:16 PM PDT by johncocktoasten

Scottsdale, AZ., Sept. 24, 2008 - According to Automotive News' Chrissie Thompson, Bill Heard Enterprises, the country's top Chevrolet dealer group, is closing the doors at all of its 13 dealerships at the end of business today, according to a person with knowledge of the situation.

The company notified the stores' general managers at 2 p.m. today, the source said, who spoke anonymously because he was not authorized to speak.

(Excerpt) Read more at theautochannel.com ...


TOPICS:
KEYWORDS: economy; financialcrisis
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Obama says, call me if you need me.
1 posted on 09/24/2008 2:28:17 PM PDT by johncocktoasten
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To: johncocktoasten

The one in Huntsville, AL was a sleazy dealership, IIRC - always in trouble over unethical practices.


2 posted on 09/24/2008 2:38:15 PM PDT by Some Fat Guy in L.A. (Nope. Not gonna do it.)
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To: johncocktoasten
Well there goes the lifetime warranty on the bodywork on my truck!!!!!!!!!!I bought two trucks from them, the first guy a few years back was a straight a shooter as you could get, the other was smarmy but could deal if pressed..
3 posted on 09/24/2008 2:40:33 PM PDT by redstateconfidential ("Go to the mattresses")
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To: Some Fat Guy in L.A.

I’ve seen comments on other forums that these guys were as sharky as car salesmen get.
Sounds like it came back to bite them.


4 posted on 09/24/2008 2:44:35 PM PDT by nascarnation
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To: Some Fat Guy in L.A.; johncocktoasten

I call BS on the articles story for closing, if you google articles, they had some serious legal issues, the Columbus Ga store so harassed a lady buyer in the sales office she had a heart attack and died, talk about a hard sell. They twice issued forged recall notices in two different areas in the country and billed GM for the fake recalls, and the owner faces jail time and is trying to sell his house for 15 million in middle GA, to get out of debt for legal problems.


5 posted on 09/24/2008 2:47:14 PM PDT by redstateconfidential ("Go to the mattresses")
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To: redstateconfidential

Well, it says GMAC pulled their floorplanning....so that is the end.


6 posted on 09/24/2008 2:51:34 PM PDT by BurbankKarl
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To: johncocktoasten

Sad, but Darwinian. Modern America can be adequately served efficiently by a far fewer number of new-car dealers.


7 posted on 09/24/2008 2:56:08 PM PDT by aberfoyle
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To: johncocktoasten

Wow, we have a couple in Central Florida. We already had one Chevy dealership (Palm Bay) forced to close because of bad business practices. The ones who will get hurt in all this are the MSM!!! No more TV ads, no more print ads from Bill Heard.


8 posted on 09/24/2008 2:57:53 PM PDT by NonValueAdded (don't worry, they only want to take water out of the other guy's side of the bucket.)
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To: NonValueAdded

Maybe we should ask the feds to bail them out...


9 posted on 09/24/2008 3:01:11 PM PDT by dware (3 prohibited topics in mixed company: politics, religion and operating systems...)
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To: dware

Shhhhhhhhhh, someone just might.


10 posted on 09/24/2008 3:05:24 PM PDT by NonValueAdded (don't worry, they only want to take water out of the other guy's side of the bucket.)
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To: BurbankKarl

The article had the spokeswoman decrying gas costs, suvs, and lower sales,etc.. Bill Heard has been staggering mostly due to legal problems and fines imposed in practically all the states they were business in. GMAC(GM currently owns all GMAC equity) pulling them had to do with getting all those fake recall bills.GM wasn’t their only brand.


11 posted on 09/24/2008 3:12:01 PM PDT by redstateconfidential ("Go to the mattresses")
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To: johncocktoasten

Yeah, they were crappy, but they were big.

I’m sure Autonation is rejoicing.


12 posted on 09/24/2008 3:14:06 PM PDT by VeniVidiVici (Amazing how Obama, Rangel, Biden and Dodd all got killer mortgage rates and below cost property.)
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To: BurbankKarl

self ping for after the Mark Levin thread....I know the real story here


13 posted on 09/24/2008 3:14:43 PM PDT by advertising guy ( CHARITY BEGINS AT HUT !)
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To: johncocktoasten
Oh no...it is a recession... Ok, Dems, it is the worst times EVER, we should vote the MESSIAH!! Please, Dems, give out a loan to these people to keep them open...

Do I need to put a '/s' after that?

14 posted on 09/24/2008 3:17:34 PM PDT by MaineConservative (Obama, we aren't electing McCain for president of GEEKS-On-Call, but for President of the USA)
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To: Some Fat Guy in L.A.
The one in Huntsville, AL was a sleazy dealership, IIRC - always in trouble over unethical practices.

Same thing in the Atlanta area.
15 posted on 09/24/2008 3:19:20 PM PDT by John D
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To: johncocktoasten

Don’t feel sorry for this man. He’s got a bad rep here in Florida. He had a 50 Million Dollar Deceptive Advertising Lawsuit filed against him. Florida fined him $400,000 .
People used to call 911 from the dealership feeling they were being cheated.


16 posted on 09/24/2008 3:24:34 PM PDT by feyler
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To: johncocktoasten

THIS THREAD NEEDS MORE BAILOUTS!


17 posted on 09/24/2008 3:30:08 PM PDT by McGruff
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To: johncocktoasten

Karma (or in this case ‘Carma)


18 posted on 09/24/2008 4:36:21 PM PDT by tbpiper (Obama/Biden: Instead of Ebony and Ivory, we have Arrogance and Insolence.)
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To: johncocktoasten
The comments section of the Plant City paper notes that any “migrant worker” could get auto loans without proper documentation.

Bad business practices = no more business.

19 posted on 09/24/2008 4:43:45 PM PDT by texas booster (Join FreeRepublic's Folding@Home team (Team # 36120) Cure Alzheimer's!)
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To: redstateconfidential

GMAC is actually majority-owned by Cerberus. Cerberus also majority owns Chrysler (and Chrysler Finance). Bad timing on those deals...


20 posted on 09/24/2008 4:47:02 PM PDT by only1percent
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