Penske Automotive Group set to buy Dealerships

[GTO Man]

WSJ Online Story

Topic

[circletrack]

Sounds like if you are a current employee, you’ll have to try to keep your job and heaven forbid if you are management – forget about it Nice..

[jonmandude]

The rumor floating around today is that the deal has gone thru and they started doing drug testing on current employees…and quite a few failed

[GTO Man]

New employees will more than likely be hired at lower wages than the previous workers in those jobs. The new American way.

[moparkid25]

Seen this happen a lot over the years, one dealer gets bought out by another and they re-hire the old employees at less money and make them work there way back up the ladder. Managers are usually making too much already and the new boss will hire someone who’s a bit hungrier and will work for less.

[jonmandude]

I don’t see where failing a drug test is the fault of the new ownership

[GTO Man]

Allot of changes in the local with Wilde Honda out of Waukesha entering the market and now Penske buying Jon Lancaster. Time will tell what good or bad effects it will have.

[moparkid25]

It will be nice to have some honda competition in madison. Zimbricks parts dept is better than it was, but Wilde delivers me parts from MKE and sells at 20% less than Zimbrick. Along with creating a few new jobs, this competition may be good for the community.

[Author]

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