Bill Heard Closes All Of Its Dealerships
2,700 Employees Affected By Decision
POSTED: Wednesday, September 24, 2008
UPDATED: 5:19 pm EDT September 24,
2008
COLUMBUS, Ga. -- Bill Heard Enterprises, one of the leading sellers of Chevrolet vehicles in the country, has closed all of its dealerships. According to a company statement released Wednesday through Atlanta public relations professional Alan Ulman, the closures will affect about 2,700 employees. The statement said the company did not have the resources to continue operating. It cites factors including rising fuel prices, an inventory dominated by trucks and SUVs, economic issues, unfavorable market conditions and the current banking and financial crises. The Columbus-based company had dealerships in Florida, Alabama, Arizona, Georgia, Nevada, Tennessee and Texas. The Arizona dealership closed two weeks ago. Watch Local 6 News for more on this story.
Copyright 2009 by Internet Broadcasting Systems and Local6.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright 2009 by Internet Broadcasting Systems and Local6.com. The Associated Press contributed to this report. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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