US auto dealers cry foul

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Uploaded by on Jun 4, 2009

General Motors and Chrysler dealers claim unfair treatment in closure decisions.

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  • Example. I bought a car for $8,100 dollars. Somehow I am financing it for $15,000. At 21% APR, I ended up paying $18,150 for an $8,100. Not only that, I have no idea how I could be paying $150.00 out of $300.00 on interest rates. That is 50% not 21%.

  • the blame lies in producing inferior product...

  • These theives have been screwing the public for years now were supposed to feel sorry for them.Now they can go home and worry how there going to pay the bills.Enjoy !

  • The guy they interviewed is right. I was a District Manager for Chrysler for 12 years and there was always talk of de-dueling and terminations but they would normally approach it in a dimplomatic manner. I personally think these people have been robbed. I hope Congress helps.

  • Its already done that way in many countries

  • oh yeah ... everything about dubya's administration was predecated on lies ...

  • wow ... no wonder gm failed ... they have whole bunch of people hogging the franchises ..

  • Cheney just admitted that the Bush administration deliberately decided to pass the buck on GM and Chrysler and let President Obama deal with the problem. He admitted that he thought the right outcome was going to be bankruptcy, but that President Bush didnt want to be the one who pulled the plug. Instead, the Bush administration put together a costly auto bailout to hold them over until President Obama took office. Now they can blame the whole thing on the Obama administration.

  • order the car from the internet directly from the car manufactures???????????

  • GM sucks sorry dude

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