Bill Heard Chevorlet in Sanford shut down abruptly on Wednesday, leaving mechanics to sip beers in their empty bays.
The downward spiral is due to high gas prices and a shortage of gas-friendly cars, among other things, leaving 2,700 workers wondering whether or not they will even get their last paycheck.
The headline on the front page of the Orlando Sentinel was captivating, but the rest of the article left me with questions.
After reading the article, I know the company sank. I know why, too. But I'm not sure what is financially going on. Did the company declare bankruptcy? Will it be up and running again?
The article does elaborate that local automobile vendors can shove Bill Heard under their wing, running it apart from GM, but it is unclear if that is the legitimate plan.
The short article is missing something: backstory. GM has been struggling for years so a description on the company Bill Heard operates under is necessary to get the point across.
The Orlando Sentinel article forced me to dive into a sea of GM crises. What I found out was just as astonishing as Bill Heard's abrupt closure. GM is in cahoots with Egypt, according to CBSNews.com. The all-American brand has been outsourcing their products to save their company from bankruptcy.
In America, Chevrolet plans to release the electric Volt in 2010. This Saturn-like protege gets 40 miles per charge and has the equivalent to 240 horsepower, competing with Toyota's Prius.
The GM debacle gives insight as to why Bill Heard sunk. Without other GM information, readers lose touch with the bigger, non-local picture.
Although most of this information is specific and threatens to bring the topic to an unclear point, some inkling of GM's recent actions should have been addressed in the article to provide a clearer vision of our local situation.
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1 comment:
It's actually not just Bill Heard...a few area dealerships are getting ready to fold.
But it's not so much the gas prices that are causing the closings, it's the fact that dealerships can't offer financing because of the banking crisis. Since most people can't afford to buy a car straight out, that puts a huge kink in the process.
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