Slow sales force Roxboro dealership to close

November 18, 2008 5:06:54 PM PST
The Boyette Auto Mall in Person County closed its doors permanently Tuesday.Slow sales and a gloomy economy reportedly forced the dealership out of business. And without bailout money others could see the same fate.

Boyette Auto Mall's lot is jammed with cars, but the Roxboro dealership is the latest to close for business.

Detroit's automakers say other local businesses could close if taxpayers don't bailout the big three.

General Sales Manager Ray Howard, of Sir Walter Chevrolet in Raleigh says GM is asking dealers to call their congressmen to push for a bailout.

"They did ask us, they're not demanding or telling us what do to," he said.

Across the street from Boyette in Roxboro, car cleaner Terry Cammon is not in favor of the bailout and is not surprised the dealer closed.

"They didn't have any foreign cars, which is what people want to buy," he said.

GM is already delaying rebate payments to dealers and says if it goes bankrupt, consumers will not buy its Chevy's.

The Sir Walter dealership is not so sure.

"People are already familiar with the bankruptcy process," Howard said. "Companies have restructured and have come back stronger."

Car dealers throughout North Carolina are calling for a taxpayer bailout, but others say bankruptcy is a viable option.


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