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RE: Car Dealerships: Are They In Trouble?
25
@mercadomaestro
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1 min read
I didn't realize the CEO of Ford said that - almost like foreseeing their own downfall. Just think about all the high-interest debt that Ford has on its balance sheet to finance the maintenance of their nationwide dealership network...that's a lot of dinero that is going to lose value to the new direct-to-customer sales model.
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