Forged in Fire: The New Rules of Doing Business
For the first time ever, industry conditions force us not to name an Auto Dealer of the Year. With the exception of financial services, no other industry has been harder hit by the economic downturn than automotive. For U.S. manufacturers (which hold the lion’s share of African American-owned dealerships), it has been a harrowing year that could well culminate with the bankruptcy of at least one of the former Big Three.