I wonder if LS is going to still insist that dealers accept GE floor planning, even after the SEC slapped GE with a 50mil fine for fraud. if you lie with dogs , you'll wind up with fleas.better smarten up LS!
Taxpayer
nope ----bet they will take cash (China currency only) money for 10 tractors purchased at one time!!!------
Fraud????-----didn't the government give GE 139 Billion dollars so that they can pay the 50 million dollar fine????------
They are still in business and we are ----
where is our bailout------
just a level playing field would be a big improvement!!!!
they sell flea powder and collars at the local feed store------
it is the business model that they really want to change--look what JD and a few other long lines are doing to their small dealers---just like the small car dealers---they are taking those small profitable customer driven dealers out of business so that down the line they can convert all the dealerships to megadealers----just like coke and pepsi has done with their independent bottlers----
you can buy all the tractors and equipment you want for cash money---but if you had that much cash money why would you want to be in the tractor business---Boats are more fun!!!!-----same game different names------floor plan it sell it before it comes due---order more-- sell/give it away--- before it comes due and repeat the cycle every year---I now understand why I like the used tractor auction scene compared to those cooperate meetings
I do miss the trips and cruises that the dealers get when they give away enough tractors and equipment---I wonder how much those trips really cost in lost profits and fun!!!!----
been to North Korea lately?????---they are not but a few miles north of the tractor factories in South Korea!!!!------
bet my old buddy from HOPE has the answer!!!!!!
