Nation’s Biggest Chevy Dealer Closes FL Dealerships

By The Associated Press.
.

Bill Heard is closing its 13 remaining dealerships in Florida saying it can't survive in a weak economy with high gas prices and an inventory heavy on trucks and SUVs. Nation’s Biggest Chevy Dealer Closes FL Dealerships
Published: Thu, September 25, 2008 - 10:04 am Last Updated: Thu, September 25, 2008 - 6:00 pm
SANFORD, Fla. (AP) - Bill Heard Enterprises Inc., the biggest
Chevrolet dealer in the country, says it is closing its 13
remaining dealerships including two in Central Florida.
The dealership said in a statement on Wednesday that it is
unable to survive in a weak economy with high gas prices and an
inventory heavy on trucks and SUVs.
The difficult sales environment was made worse by the ongoing
banking and financial crisis, it said. GMAC Financial Services last
month discontinued credit for new inventory for some of the
company's dealerships.
The two Florida dealerships, in Plant City and Sanford, employed
about 200 people each.


(Copyright 2008 by The Associated Press. All Rights Reserved.)


Enlarge Video    Download Video    Video RSS
Embed:

Annual Gas Bill Calculator

How many gallons of gas do you use each week?

What is the current price of gas per gallon?
$

After clicking the 'Calculate' button your results will appear here.
Recommend
Translate: » Spanish | French | German | Italian | Japanese | Chinese | Russian | Hindi

Recent Commented: News Reports

Parish’s Parents Dispute…

147 Total Comments
Parish’s Parents Dispute Police Father and mother say Brianna does not have a drug record.… more »

“Person Of Interest”…

14 Total Comments
“Person Of Interest” Hires Attorney Troy MacDonald, labeled a person of interest by police in… more »

Missing in Foley

1 Total Comments
Missing in Foley A frantic call from some Foley parents last night and police… more »

Driver Of Chased Vehicle Arrested…

33 Total Comments
Driver Of Chased Vehicle Arrested Jacob Cartee, the driver of a car that lead police on a… more »

New Evidence In Natalee Holloway…

18 Total Comments
New Evidence In Natalee Holloway Case Prosecutors say a new witness claims Joran van der Sloot… more »

Mississippi State Tennis Player…

6 Total Comments
Mississippi State Tennis Player Accused Of Rape Girl says Christopher Doerr raped her this weekend during… more »

 


Contact Information   •   Internships   •   Open Ratings   •   Advertise With Us
FFC-EEO Report   •   Children's Programming   •   Public File