Car Forum Experts On Auto Decline
May 30, 2009 4:33 am AutosGeorge Magliano, an auto industry specialist at IHS Global Insight, said that unlike factory closings, the shuttering of auto dealerships “is more painful, it’s more localized.These guys were a source of support of a lot of the community activity, The ripple effect of the dealership closings can be significant, they can be the key employer of the area. You shut them down, and it hurts the revenue base there,” he added. It is estimated that each dealership job acts as multiplier, creating three related jobs. Car Forums are full of so called experts on how to get the auto industry up and running again. My job may depend on it.