Just read this from Automotive News - see item in BOLD RED
"Auto dealers are calling on President Bush and Congress to take emergency measures to help revive vehicle retailing and contribute to the nation's economic recovery.
The request came this week in a hand-delivered letter to an economic adviser to the president at the White House, the National Automobile Dealers Association told Automotive News today.
The letter asks Congress and the White House, after next week's election, to consider enacting refundable tax credits for car and truck buyers and restoring the tax deductibility of vehicle loans.
Some congressional leaders are planning economic stimulus legislation in a lame-duck session after Nov. 4.
Other options cited in the letter are providing federal funds for state programs to take air-polluting clunkers off the roads and giving businesses additional tax breaks for vehicle purchases. NADA Chairman Annette Sykora, a multifranchise Texas dealer, signed the letter."
More clear evidence as to why car dealers and to some extent the manufacturers are some of the least liked people in America. While they are clearly struggling and need help, letters like that to Congress don't encourage me to support them with a letter/email to Washington - WTF?!?
"Auto dealers are calling on President Bush and Congress to take emergency measures to help revive vehicle retailing and contribute to the nation's economic recovery.
The request came this week in a hand-delivered letter to an economic adviser to the president at the White House, the National Automobile Dealers Association told Automotive News today.
The letter asks Congress and the White House, after next week's election, to consider enacting refundable tax credits for car and truck buyers and restoring the tax deductibility of vehicle loans.
Some congressional leaders are planning economic stimulus legislation in a lame-duck session after Nov. 4.
Other options cited in the letter are providing federal funds for state programs to take air-polluting clunkers off the roads and giving businesses additional tax breaks for vehicle purchases. NADA Chairman Annette Sykora, a multifranchise Texas dealer, signed the letter."
More clear evidence as to why car dealers and to some extent the manufacturers are some of the least liked people in America. While they are clearly struggling and need help, letters like that to Congress don't encourage me to support them with a letter/email to Washington - WTF?!?
Comment