They may be worth nothing.īRADY: When talking about GM cars, though, Medved remains the optimistic salesman. And you won't decide whether your bonds are worth anything. And then you won't make a decision as to what your pensions are going to be, if there are any at all. MEDVED: I think that it's a statement to the union and the bondholders that either you make a deal, or we will pull it into bankruptcy. Either the rest of you get together, or you're going to see what we're going to do next.īRADY: Medved believes President Obama chose Wagoner as a sacrificial lamb to send a message. MEDVED: I guess it wouldn't be any different than shooting the number one hostage and saying we're for real. Now we're selling about 50 a month.īRADY: Medved owns eight GM dealerships in all, and he's not happy with the White House move to oust GM CEO Rick Wagoner. JOHN MEDVED (Owner, Medved Autoplex): This store, in 2002, was selling 230 Chevrolets a month. Owner John Medved is standing in the Chevrolet store. Right next to a freeway, there's Chrysler, Suzuki, Cadillac, Hummer. JEFF BRADY: The Medved Autoplex is just about what you'd imagine. In suburban Denver, NPR's Jeff Brady spoke with two important GM players: customers and dealers. NORRIS: Fritz Henderson mentioned GM's constituencies there, and that list grows longer every day. FRITZ HENDERSON (Interim CEO, General Motors): If we need to resort to it, how do we get in? How do we get out fast? And then how can we work with the various constituencies that are important to General Motors and the Automotive Task Force in order to actually set the table so we can get that done? But important point: We will get the job done. His assessment: bankruptcy is now more probable for GM as it tries to restructure. He took over yesterday, after Rick Wagoner was forced out by the Obama administration. Among the toughest of those challenges is this: how to fix General Motors.īLOCK: That unenviable task goes to Fritz Henderson, GM's interim CEO. The current economic downturn poses a whole host of challenges to families, to businesses, to governments. I'm Melissa Block.Īnd I'm Michele Norris. We proudly serve drivers in Aurora, Centennial, Colorado Springs, Denver, Highlands Ranch, Lakewood, Littleton, and beyond with top-notch customer service and the latest from Chrysler, Dodge, Jeep, Ram, and Wagoneer.From NPR News, this is ALL THINGS CONSIDERED. If you'd like to see a vehicle in person, click on Dealership: Directions for step-by-step driving instructions to our site, or give us a call. We will gladly inform you when a matching car arrives. If you don't see a particular vehicle, click on CarFinder and complete the form. You can also request more information about a vehicle using our online form or by calling (720) 797-5152. We encourage you to browse our online inventory to find new and used cars, schedule a test drive and investigate financing options. Our experienced sales staff is eager to share its knowledge and enthusiasm with you. Allow us to demonstrate our commitment to excellence! We know that you have high expectations, and as a car dealer we enjoy the challenge of meeting and exceeding those standards each and every time. Castle Rock Chrysler Dodge Jeep Ram in Castle Rock, CO treats the needs of each individual customer with paramount concern.
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