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Bill Heard Enterprises Inc., the world's top-selling Chevrolet dealership group, is closing the doors at its 13 stores today, the company said in a statement.
The company notified the stores' general managers at 2 p.m. today, said a source familiar with the situation who spoke anonymously.
Bill Heard Enterprises Inc., the world's top-selling Chevrolet dealership group, is closing the doors at its 13 stores today, the company said in a statement.
The company notified the stores' general managers at 2 p.m. today, said a source familiar with the situation who spoke anonymously.
YAYYYYY!!!! Those crooks cheated and scammed themselves right out of business in Nashville. I'm glad they did it elsewhere too!!!!!
For the last few years, Bill Heard Chevrolet has had "ethics" issues from Georgia to Arizona.
Unfortunately, the hard working employees will lose in this case, not the scumbag owners and managers who have probably already "raided" everything worth having prior to the public announcement.
The article went on to mention that the factors included they were too levereged in the truck/suv segment (reminds us of the mortgage meltdown), a floorplan upgrade that GMAC Financial backed out of, and an overall soft economy.
As an employee of a Chevrolet auto group myself, I'm watching with particular interest to see if there's any ripple effect.
Couldn't have happened to a better company! Wonder if LandMark Chev. here in Houston( who is owned by them) will be effected? Certainly hope so....their business ethics left alot to be desired!
For the last few years, Bill Heard Chevrolet has had "ethics" issues from Georgia to Arizona.
Unfortunately, the hard working employees will lose in this case, not the scumbag owners and managers who have probably already "raided" everything worth having prior to the public announcement.
Most of these hard-working employees were involved in the scams and unethical practices. They should have known better than to work for an employer with such a horrendous reputation!
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Bill Heard closes car dealership; 650 locals unemployed | TOP STORIES | KHOU.com | News for Houston, Texas (http://www.khou.com/topstories/stories/khou080924_mp_bill_heard_closures.ac388a8a.html - broken link)
