GM Dealers Mull Over the Company’s Future
Area General Motors dealers are looking at the automaker's bankruptcy from different perspectives.
Most dealers in east-central Illinois expect to keep selling cars despite GM's decision to cut hundreds of dealers. Bill Abbott owns a GM dealership in Monticello -- he says his company didn't receive a contract cancellation notice, and they are looking forward to being there for a long time.
Hoopeston dealership owner Dave McFadden says he's also not worried about the future of Anthem Chevrolet Buick Pontiac, and he's optimistic about what a new GM will look like.
"I'm looking forward to a new GM emerging, being more competitive with less liabilities and returning to the giant automotive manufacturer that it has been for almost a hundred years," McFadden said.
But a small Chevrolet dealer in Iroquois County may not be a part of GM's future. Still, Rust Chevrolet doesn't plan on closing anytime soon, despite receiving a letter ending its franchise agreement with GM.
Co-owner Karen Rust Walder says the family-owned operation in Cissna Park will continue offering parts and service and plans to keep selling used vehicles when their agreement with GM ends in 2010.
Walder says she knows that some dealerships plan to fight the contract termination, but as for Rust Chevrolet, she says they don't really know what their next step will be.
The Rust family has sold Chevrolet vehicles since her grandfather signed on with the car company in 1915. Walder is the only salesperson at the dealership.