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“Consider that a fifth of California’s sales tax revenue is from new and used car sales.”
“As these local dealerships close, the impact will be more profound than people realize,” said Sen. Mark Norris, the Republican Senate majority leader in Tennessee. Chrysler is planning to close 14 dealerships in his state.”
“To improve profits, Chrysler, which has filed for bankruptcy protection, said it will close 789 dealerships throughout the country by June 9. GM has not released the list of 1,200 dealers it plans to shutter.”
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Gov. Steve Beshear’s common practice has been to set up blue ribbon commissions in the face of challenging problems. That is the very least he could do here.