John's Closing Thoughts

Segment from “Thinning The Herd”

Internet Premiere
Friday, 5/22 @ 12:00pm ET
Detroit Public TV
Sunday, 5/24 @ 10:30am ET
(Original Airdate)

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Synopsis

Joe Serra, Serra Automotive Group, Neal Boudette, Wall Street Journal, Aaron Bragman, IHS Global Insight. Topic: A look into the turmoil regarding car dealers.

Darwin observed it in the Galapagos while Rockefeller watched it on Wall Street. Call it natural selection, call it the free market, it all comes down to survival of the fittest. But what happens if everyone survives; strong, average and the weak as well. Some, like elements of our federal government, believe it puts the majority in peril, and so, they opt to "thin the herd." And that's exactly what we saw happen last week with the cutting of more than 2,000 Chrysler and General Motors dealerships. So this week Autoline tackles the topic of the brave, new and sometimes unfair world of automotive retail. Joining John on the panel is Neal Boudette, Detroit Bureau Chief of the Wall Street Journal, Aaron Bragman, automotive analyst from IHS Global Insight and a man whose family has been knee deep in the car business for more than 50 years, Joe Serra of the Serra Automotive Group.