WATE 6 News logo WATE 6 News 11 months ago

Some local car dealers more nervous than others

KNOXVILLE (WATE) -- The debate over bailouts and bankruptcy could impact some local dealerships more than others. One example is Hummer of Knoxville. There's talk that General Motors may not be able to afford to continue producing the vehicles. Full Article at WATE 6 News

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  1. "The prospect of the big three going bankrupt is tough on a dealer level because there is some uncertainty as to whether consumers will react and still purchase cars from companies that are in a reorganization," Charles West says. Full Article at WATE 6 News

  2. WASHINGTON, Mo. — Charlton Jones is hopeful and skeptical that beleaguered General Motors Corp. can deliver its plug-in electric hybrid, the Volt, in 2010. The retired college professor is on an unofficial waiting list to buy the car. Full Article at St. Louis Post-Dispatch

  3. KNOXVILLE (WATE) -- Officials with Ford, General Motors, and Chrysler all warned Congress Tuesday that without a bailout they could face millions of job layoffs. Full Article at WATE 6 News

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  1. An emblem of a Saab car is covered with raindrops at an car dealership in Hamburg in this February 20, 2009 file photo.
  2. VANCOUVER, CANADA - NOVEMBER 1: Kyle Wellwood #42 of the Vancouver Canucks congratulates Tanner Glass #15 of the Vancouver Canucks after Tanner Glass scored his first goal of the season during their game against Colorado Avalanche at General Motors Place November 1, 2009 in Vancouver, Canada.
  3. SHANGHAI, CHINA - OCTOBER 13:   General Motors Chief Executive Fritz Henderson (C) and Ding Lei (2nd from R), general manager of Shanghai GM, visit the GM sales center at the Pudong District on October 13, 2009 in Shanghai, China.
  4. CHENGDU, CHINA - OCTOBER 10:  A Hummer is seen on October 10, 2009 in Chengdu of Sichuan Provience, China. General Motors Co. has signed an agreement to sell its legendary and iconic Hummer brand to a Chinese heavy equipment maker Sichuan Tengzhong Heavy Industrial Machinery Co.
  5. MIAMI - OCTOBER 09:  A General Motors Co. Hummer vehicle is seen in the streets October 9, 2009 in Miami, Florida.
  6. FORT LAUDERDALE, FL - OCTOBER 08:  Frederick 'Fritz' Henderson, chief executive officer of General Motors, attends a town hall meeting at Nova Southeastern University October 8, 2009 in Fort Lauderdale, Florida.
  7. COLMA, CA - SEPTEMBER 30:  The sales lot of the closed Saturn of Colma dealership sits empty September 30, 2009 in Colma, California. General Motors announced today that they will close its Saturn brand after negotiations with Penske Automotive to sell the brand fell apart.
  8. US President Barack Obama speaks with workers at the Lordstown Complex General Motors Plant in Warren, Ohio, September 15, 2009.
  9. ELLESMERE PORT, ENGLAND - SEPTEMBER 15:  Prime Minister Gordon Brown (2ndR) tours the production line of the new Vauxhall Astra, which coincides with the  launch of the car at the Frankfurt Motorshow, on September 15, 2009 in Ellesmere Port, England.

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