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posted by martyb on Friday October 30 2015, @03:25PM   Printer-friendly
from the taking-stock dept.

Bob Lutz, car-guy-to-the-max, former VP of GM and Chrysler, with time at BMW before that, wrote this recent article --
    http://www.roadandtrack.com/car-culture/a26859/bob-lutz-tesla/

The opening paragraph is gloomy:

Tesla's showing all the signs of a company in trouble: bleeding cash, securitized assets, and mounting inventory. It's the trifecta of doom for any automaker, and anyone paying attention probably saw this coming a mile away. Like most big puzzles, the company's woes don't have just one source.

and the prognosis goes downhill from there mentioning competition from Audi, the lack of enough dealers to attract more buyers and other problems.


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  • (Score: 4, Touché) by Beryllium Sphere (r) on Friday October 30 2015, @04:43PM

    by Beryllium Sphere (r) (5062) on Friday October 30 2015, @04:43PM (#256537)

    Have you ever bought a car because the experience of buying from a dealer was so enjoyable?

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  • (Score: 3, Interesting) by Runaway1956 on Friday October 30 2015, @05:07PM

    by Runaway1956 (2926) Subscriber Badge on Friday October 30 2015, @05:07PM (#256547) Journal

    Not exactly - but I've known people to pay a little more to support a home town dealership, rather than the mega-dealership at the state capital. I've also known people to avoid dealerships because they were treated shabbily. The dealer can and does make a difference in a lot of sales.

    I've not bought a new car in years, I buy program vehicles, or fairly new used cars. I've been treated poorly at some dealerships. I've also found that some dealerships are less honest than others. I have a dealer that I keep returning to, because he has always give me good deals, he treats me well and respectfully, and he also makes good conversation. Not to mention, he almost always has a pot of fresh coffee ready for customers.

    --
    “Take me to the Brig. I want to see the “real Marines”. – Major General Chesty Puller, USMC
    • (Score: 2) by Phoenix666 on Friday October 30 2015, @05:17PM

      by Phoenix666 (552) on Friday October 30 2015, @05:17PM (#256551) Journal

      Me, I would rather never walk into or deal with another dealership in my life. As such, I'm delaying any purchase of a new car until Tesla comes out with the Model 3. Never looking back after that.

      --
      Washington DC delenda est.
  • (Score: 2) by BasilBrush on Friday October 30 2015, @05:24PM

    by BasilBrush (3994) on Friday October 30 2015, @05:24PM (#256556)

    I buy used cars, and purely because I hate the idea of both dealerships and haggling with a private trade, I always buy them at auction.

    The fact that it's cheaper that way is a side benefit.

    --
    Hurrah! Quoting works now!
  • (Score: 0) by Anonymous Coward on Friday October 30 2015, @09:45PM

    by Anonymous Coward on Friday October 30 2015, @09:45PM (#256684)

    No, never. And I don't buy from a dealer, ever. I made a promise to myself a long time, ago, always buy used and never pay more than you have cash for. So, I'll always have used vehicles, and have to do maintenance, but that's ok - I like working on cars.

  • (Score: 1, Interesting) by Coligny on Saturday October 31 2015, @03:07AM

    by Coligny (2200) on Saturday October 31 2015, @03:07AM (#256775)

    Nearly cancelled a purchase because of the dealership for my current car. Should have they are assholes. But the car is great so... (Only one Mitsubishi dealership in my part of town)

    Honda lost me to chainsmoking countryside hicks dealership.
    Suzuki guys didn't have time to speak with me, just threw me the keys and a map for a test drive... On my own !?

    Would have stayed with Nissan who felt like family... But the car lineup was/still is appaling... Plus the CEO (Gargamel) is a grade A basterd.

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    • (Score: 2) by FatPhil on Tuesday November 03 2015, @12:50PM

      by FatPhil (863) <{pc-soylent} {at} {asdf.fi}> on Tuesday November 03 2015, @12:50PM (#257898) Homepage
      > Suzuki guys didn't have time to speak with me, just threw me the keys and a map for a test drive... On my own !?

      What's wrong in that. A mate here was eyeing up a 'vette on a friday afternoon, the dealier threw the keys at him and just said "don't come back till the tank's empty". He bought it on the monday morning. The last thing you want is a dealer going blah-blah-blah in your ear.
      --
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