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Jun 26, 2009
06/09
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CSPAN
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annually than amtrak to the smallest world transit providers that may have a flight of three or four minivans. florida's dot plans to use the money to construct a greyhound -- it will provide improvements to safety to the environment and economic benefits. by contrast, in south carolina, the government plans to support its "united we ride initiative. it will have a travel coordination center. it is focused on rural residents and the elderly and helping them get the medical -- get to medical appointments and elsewhere. reaching the challenge of reaching all that -- given the challenge of reaching all of the grantee's, we have put the funds to work. we are using website, whether dinarweb diinars, and sometimese get on the phone to walk the grantee's through the process step by step. i cannot state how proud we are of the extremely hard work by the fda staff to put this money to work. they have been -- of the fta staff to put this to work. they have been working day and night. this collaborative -- 1.4 $7 billion have been obligated so far. another $4.1 billion is in process for obligation in th
annually than amtrak to the smallest world transit providers that may have a flight of three or four minivans. florida's dot plans to use the money to construct a greyhound -- it will provide improvements to safety to the environment and economic benefits. by contrast, in south carolina, the government plans to support its "united we ride initiative. it will have a travel coordination center. it is focused on rural residents and the elderly and helping them get the medical -- get to...
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Jun 5, 2009
06/09
by
CSPAN2
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as an example, we have to build and market two similar minivans, the chrysler town and country and the dodge caravan to satisfy multiple dealer networks. any separate dodge and chrysler franchise in close proximity competes with each other, not other makes, in order to sell and later service what is basically the same vehicle. while the dealer network as a whole is not viable and not profitable. in 2008, the average chrysler dealer lost $3,431, selling 405 new vehicles. when you look at autoall to makers together, they made a profit on 525 sales. why is this important? unprofitable dealers can't afford to invest in advertising, facilities, people, training or a high level of customer satisfaction. as a result of the credit crisis and the global automotive industry depression, there's simply not enough business to go around. with projected annual sales in the u.s. this year of only $10 million to $10.5 million, compared to historical levels, chrysler is not support the same number of dealers than we have in the past. the time frame for discontinuing dealers as driven by the chapter 11 p
as an example, we have to build and market two similar minivans, the chrysler town and country and the dodge caravan to satisfy multiple dealer networks. any separate dodge and chrysler franchise in close proximity competes with each other, not other makes, in order to sell and later service what is basically the same vehicle. while the dealer network as a whole is not viable and not profitable. in 2008, the average chrysler dealer lost $3,431, selling 405 new vehicles. when you look at autoall...
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164
Jun 13, 2009
06/09
by
CSPAN
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eye 164
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to have two separate bands that the chrysler and dodge and not cost you money to build a different minivan different hubcaps, different wheels on the car, different grille and different seat fabrics. i don't see the real cost, heavy cost involved in a. i really don't. next i would like to talk about process that selected 789 dealers. and chrysler's liability reportedly submitted to the government in february kreisler indicated that 25% other dealers were in financial trouble. i'm not in financial trouble. i would like to know how many of those deals that were in financial trouble are still with the copy. if chrysler was bent on eliminating 25% of their dealers, the prudent thing would be get rid of the 25% that was in financial trouble. my guess is that many of the financially troubled dealers were picked to continue with the new chrysler. i would have liked to talk about the rationale of getting any dealers at all in this tough economy. ford motor company is not getting any of its dealers and they are doing pre-good write up a in the 70s when chrysler was in financial trouble, how may dea
to have two separate bands that the chrysler and dodge and not cost you money to build a different minivan different hubcaps, different wheels on the car, different grille and different seat fabrics. i don't see the real cost, heavy cost involved in a. i really don't. next i would like to talk about process that selected 789 dealers. and chrysler's liability reportedly submitted to the government in february kreisler indicated that 25% other dealers were in financial trouble. i'm not in...
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166
Jun 13, 2009
06/09
by
CSPAN
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eye 166
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for example, chrysler currently supplies dealers with two similar minivans, two similar full-size sport utilities, two similar midsize suvs and two similar sudans. we cannot afford to produce unique products any longer and that's one of the real reasons that the company had to declare bankruptcy. other cost inefficiencies include $150 million annual in marketing and advertising. $33 million annually in just administrative cost to work with the dealer body. third question, my discontinued dealer said he's profitable why not keep him? profitability is not an adequate measure to determine a dealer's viability or value to chrysler's future. chrysler's discontinued dealers were for the least profitable dealers in the network. on average the discontinued lost $73,000 last year, of course, some of them are profitable, yes, some of them are profitable. but their new chrysler business may not be. .. many dealers are in the wrong location. some did not have all three brands. they are not viable. we can no longer produce products to keep those dealers alive. 84% sell more used and new period 44% s
for example, chrysler currently supplies dealers with two similar minivans, two similar full-size sport utilities, two similar midsize suvs and two similar sudans. we cannot afford to produce unique products any longer and that's one of the real reasons that the company had to declare bankruptcy. other cost inefficiencies include $150 million annual in marketing and advertising. $33 million annually in just administrative cost to work with the dealer body. third question, my discontinued dealer...
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171
Jun 12, 2009
06/09
by
CSPAN2
tv
eye 171
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for example, chrysler currently supplies dealers with two similar minivans, two similar full-size sport utilities, two similar midsize suvs and two similar sudans. we cannot afford to produce unique products any longer and that's one of the real reasons that the company had to declare bankruptcy. other cost inefficiencies include $150 million annual in marketing and advertising. $33 million annually in just administrative cost to work with the dealer body. third question, my discontinued dealer said he's profitable why not keep him? profitability is not an adequate measure to determine a dealer's viability or value to chrysler's future. chrysler's discontinued dealers
for example, chrysler currently supplies dealers with two similar minivans, two similar full-size sport utilities, two similar midsize suvs and two similar sudans. we cannot afford to produce unique products any longer and that's one of the real reasons that the company had to declare bankruptcy. other cost inefficiencies include $150 million annual in marketing and advertising. $33 million annually in just administrative cost to work with the dealer body. third question, my discontinued dealer...
185
185
Jun 5, 2009
06/09
by
CSPAN2
tv
eye 185
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henderson, i had the dealers again in my state and where i bought my town and country chrysler minivan, he says, look, we don't cost these guys a penny. i don't cost these guys a dime. yet obviously you have enumerated some costs that i think in mr. johanns' case, you were saying this is what they are. why not go bankruptcy a different route on this. instead of cutting free the dealerships, why not say to your lower performing ones that you articulated and found them, we can't afford to subsidize to support you. so therefore we are not going to provide the network of money and backing to you that we're going to provide to a higher performing category, so that you're not just cutting them free on this, because you had two guys over here saying, that, looks like they're good salesman to me, frankly. >> they don't subsidize us. >> they are saying they got costs associated with this large dealer network. and you guys are saying they're not a penny associated with us. why not then bifurcate the structure on it so you have the network out here that is important to many communities and very i
henderson, i had the dealers again in my state and where i bought my town and country chrysler minivan, he says, look, we don't cost these guys a penny. i don't cost these guys a dime. yet obviously you have enumerated some costs that i think in mr. johanns' case, you were saying this is what they are. why not go bankruptcy a different route on this. instead of cutting free the dealerships, why not say to your lower performing ones that you articulated and found them, we can't afford to...