From the Kicking a Guy when He's down Department:
ABC NIGHTLINE Story "The Price of Joining the Club"
Last night ABC's Nightline program concerned a controversy over GM's Minority Dealer program. It was one step shy of a hatchet-job.
The program admitted that GM has more minority-owned dealerships than any other automaker (by far) and has actively sought minorities and sponsored them in acquiring dealerships. GM was taken to task by the high failure rate for those dealerships.
Really though, is it surprising given GM's overall problems that its newest, least capitalized dealerships would have the most problems?
What am I doing, defending General Motors? Yes, as a matter of fact. I think back to that line in Animal House. "They can't do that to our pledges. Only we can do that to our pledges."
ABC News: Nightline
Wednesday, November 16, 2005
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