4:10 pm
Wed July 1, 2009

State's Dealers Anticipate GM Bankruptcy

Bowling Green, KY – As General Motors Prepares to File Bankruptcy, dealers find themselves on a public relations crusade, preaching the message that GM is not going out of business. Lisa Autry reports.

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BANKRUPTCY HAS THE POTENTIAL TO SCARE AWAY POTENTIAL CAR BUYERS WHO WONDER IF GENERAL MOTORS WILL BE AROUND IN THE FUTURE. DAVID JAGGERS IS GENERAL MANAGER OF A G-M DEALERSHIP IN BOWLING GREEN, KENTUCKY, HOME TO THE CORVETTE. HE TELLS CONSUMERS THEY ARE NOT TAKING A RISK BY PURCHASING A G-M VEHICLE.

IT WILL NOT AFFECT ANY CUSTOMERS WARRANTIES ON VEHICLES, THEIR ABILITY TO GET PARTS, ANY OF THE SERVICE ISSUES THEY MADE HAVE ON THEIR VEHICLES

JAGGERS SAYS MAY WAS THE BEST MONTH FOR NEW CAR SALES IN A YEAR AND A HALF AT HIS DEALERSHIP. HE CREDITS THAT TO SPECIAL INCENTIVES. OTHER DEALERS SAY TALK ABOUT BANKRUPTCY HAS BEEN GOING ON FOR MONTHS AS SALES MIGHT ACTUALLY PICK UP AS CONSUMERS BEGIN TO UNDERSTAND THAT BANKRUPTCY DOESN'T SPELL THE END FOR GENERAL MOTORS.