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General BS forum I guess this will be for anything that would seem to be off topic in any other forum here. Just general shootin' the breeze kind of topics. |
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09-24-2008, 04:21 PM
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#1
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time with my son
Join Date: Aug 2008
Location: valrico
Posts: 40
Name :
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No more Bill Heard
Bill Heard Enterprises Folding Dealerships Nationwide
ADVERTISEMENT
TBO.com
Published: September 24, 2008
One of the nation's largest car dealerships has closed sales operations, possibly forever.
Bill Heard Enterprises Inc., which operates the Bill Heard Chevrolet dealership in Plant City, closed its sales operation there this week, said Paul Baker, executive manager of the dealership.
"It's a shame," Baker said, adding that he thought the era of gigantic dealerships is over. The dealership traces its roots to 1919, just 11 years after Henry Ford first produced the Model T automobile.
Baker declined to elaborate on reasons for the closing, other than to cite financial pressures. He said he doubted the operation would operate under new ownership. "Nobody has the guts to have a big dealership anymore," he said.
The dealership will "take care of any customer's car and live up to any obligations we have as far as sales," he said, "but we closed the sales operation."
Based in Columbus, Ga., Bill Heard Enterprises Inc. operates 13 dealerships nationwide. They all will close, Baker said.
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09-24-2008, 07:55 PM
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#2
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Senior Member
Join Date: Feb 2007
Location: Me ,FL,
Posts: 1,669
Name :
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I thought it was intreasting that when I went by some of their dealerships they we're spacing the cars.Like 6-8 feet between cars.
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09-25-2008, 05:34 AM
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#3
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Member
Join Date: Aug 2007
Location: JAX FL
Posts: 891
Name : Bob Fletcher
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It's a sure sign of the times!!!!
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09-25-2008, 12:48 PM
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#4
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Member
Join Date: Jun 2006
Location: Stuck in Paradise
Posts: 314
Name :
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Lets bail them out.
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09-25-2008, 09:36 PM
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#5
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Senior Member
Join Date: Feb 2007
Location: Me ,FL,
Posts: 1,669
Name :
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So what is GM going to do with all those Corvettes ?
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09-26-2008, 03:45 PM
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#6
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Member
Join Date: Oct 2007
Location: Maitland Florida
Posts: 115
Name :
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good question what are they going to do with them
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09-29-2008, 07:48 PM
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#7
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Retired Florida Geezer
Join Date: Jun 2006
Location: Beverly Hills/Pine Ridge Florida
Posts: 91
Name :
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Rumor has it that there were MANY issues with Bill Heard's dealership empire.
Issues with the Better Business Bureau in many states, issues with the Attorneys General in many states, etc.
SO....I wouldn't put the collapse of his empire completely on the current economic situation.
I think LOTS of items will be coming out in the near future.
Chuck
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1963 Corvette Conv. Red/Black, 360HP FI, 4 Spd., NCRS Top Flight
1969 Corvette Conv. Orange/Black, 400HP BB, Automatic, NCRS Top Flight
1956 Chevrolet 2 Door Sedan. 355, 4 speed, Vintage Air, Old School Hot Rod
2006 Corvette Conv. Velocity Yellow/Black
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09-29-2008, 07:58 PM
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#8
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Retired Florida Geezer
Join Date: Jun 2006
Location: Beverly Hills/Pine Ridge Florida
Posts: 91
Name :
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Here's the blurb from Automotive News.
Wonder why GMAC cancelled their floorplan? Hmmm. Not paying?
Scottsdale, AZ., Sept. 24, 2008 - According to Automotive News' Chrissie Thompson, Bill Heard Enterprises, the country's top Chevrolet dealer group, is closing the doors at all of its 13 dealerships at the end of business today, according to a person with knowledge of the situation.
The company notified the stores' general managers at 2 p.m. today, the source said, who spoke anonymously because he was not authorized to speak.
High fuel prices, cancelled floorplanning from GMAC Financial Services, a reliance on trucks and SUVs, a soft national economy and struggles in local markets had troubled the company, which on Sept. 12 closed its store in Scottsdale, Ariz.
In the end, the company could not raise operating capital and could not finance its floorplan, the source said. Company officials have discussed closing the company since Friday, the source said.
Bill Heard Enterprises, of Columbus, Ga., ranks No. 13 on the Automotive News list of the top 125 U.S. dealership groups, with 2007 group revenue of $2.13 billion.
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1963 Corvette Conv. Red/Black, 360HP FI, 4 Spd., NCRS Top Flight
1969 Corvette Conv. Orange/Black, 400HP BB, Automatic, NCRS Top Flight
1956 Chevrolet 2 Door Sedan. 355, 4 speed, Vintage Air, Old School Hot Rod
2006 Corvette Conv. Velocity Yellow/Black
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10-04-2008, 09:00 AM
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#9
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Wassup!!!
Join Date: Oct 2006
Location: Weirsdale Florida (Lady Lake area)
Posts: 3,001
Name :
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In the news...
Now there's an issue with the Bill Heard dealerships NOT paying off recent trade-ins . So, people who've bought cars recently could possibly be stuck with TWO car payments.
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I bro...
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10-04-2008, 09:41 AM
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#10
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Vicious Evil Person
Join Date: Jan 2007
Location: Seffner - Tampa
Posts: 1,730
Name :
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I have heard that they have done quite a few bad things to people and have ALLOT of lawsuits filed against them. and I believe the state of Georgia is suing them also. and one lady for kidnapping and unlawful imprisonment.
Those are just the few things I read online and in the papers
Our friend got his ZR1 through them, and almost couldn't retrieve it even after he visited the museum to see it built. I believe Ferman helped things go as scheduled for him.
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