Smith Land & Improvement Corporation
Smithland Improvement Corporation

Developing Through a Downdraft

By Richard E. Jordan II, CEO, Smith Land & Improvement Corporation

The Automotive News headline stated “GM plans to cut off 1,124 dealerships by 2010” and The Wall Street Journal reported “Chrysler ax falls across U.S.” as more than 1,000 dealers received letters May 15 decreeing the end of their franchise pacts. This chapter in American business resembles a dealer denudation, leaving customers, employees and suppliers numb. What just happened?...

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Smith Land & Improvement Corporation, 1810 Market Street, Camp Hill, PA 17011 · T 717.731.0212 · F 717.731.0257 ·