Auto dealers face problems, with or without Detroit bailoutBy
I’ve been mulling the consequences of the auto industry’s troubles on small businesses. One thing seems pretty clear: whatever happens with the bailout, we’re going to see fewer car dealers in the next few years. Of the roughly 50,000 small businesses that depend on the auto sector in the US, about half of them are new car dealers. (Caveat: this is from Census data that measures establishments, not necessarily all distinct firms, so the numbers are rough.)
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