The recession made it impossible for some of the car dealers in the US to avoid bankruptcy. Though the government made important efforts to save as many as it could, some of the showrooms became yoga studios, grocery stores or hair dresser saloons.
Unfortunately, the car sales drop caused a record number of dealers closures in 2009, said consulting firm Urban Science. The number of new car dealerships in the US dropped by 1,605 stores last year, leaving 18,841 dealerships standing. The news … (read more)