FarmTrac Troubles

[taxpayer]

Case and SESS, you are both right, Textron has continued to generate interest revenue from the farmtrac network and yes, the unreasonably one sided financing agreements used in almost every segement of industry are one of the main contributers to business failure in america today.
the average person wanting to contribute to and be a part of the american dream of working for ones self and be independant, immediately becomes a target for all kinds of financing schemes.Needing working capital to put your talents and abilities to practical use, makes the working person especially vunerable to many of these financing schemes.only a lucky few are able to self finance,most start in business out of neccessity,no job and need a way to make a living.
Getting financing to get started in business used to mean going to your local bank and sitting down with someone you knew and could trust, he was a member of a local church,participated in civic activities and shared the same values as you. if he cheated his customers, he became an object of scorne in the community.
Now we live in a global economy driven by greed, success is measured in dollars and cents, not in how much good you do in your town or how honest you are. these big financial cooperations remind me of that big red pig in the tv commercials,getting fatter each time they gooble up the fruits of another's hard work.
Dealers have to accept some of the blame for the way things are, we wanted something so bad, that we failed to see that the price might become too high to pay,and we trusted because we could be trusted and thought everyone else to be the same.
In the throes of our misfortune, we have an opportunity to make things better for those who survive this and everyone else in the industry by standing firm against Textron and every other financing company who feeds their greed off our sweat. how the dealers react to this opportunity is a question unanswered right now, but it is looking better to me each day.------Taxpayer

 

[tb8100]

I hear Husqvarna has over $1.5 billion in acquisition funds. That would be cool if they picked up Farmtrac and gave us Husqvarna dealers a tractor to carry!


(wishful thinking)

 

[taxpayer]

I hear Husqvarna has over $1.5 billion in acquisition funds. That would be cool if they picked up Farmtrac and gave us Husqvarna dealers a tractor to carry!


(wishful thinking)

well, all I can say is they would be getting a good product,and it would probably work if they did in-house floorplaning and made Punjab & crew put up a good surety bond

 

[Tim C.]

We would welcome a strong partner like Husqvarna to the industry. There is a former Husqvarna employee at Montana now as National Sales Director or whatever the title today.

Tim

 

[redneckford]

Don't they generate most of their volume of sales at the big box stores and other dealers have to do the warranty work. I quess it would be a heck of a lot better than what is happening now. you guys/girls are having to do the warranty work now with no parts and NO PAY!!!!!! LESS IS MORE OR MORE IS LESS?????

 

[taxpayer]

Don't they generate most of their volume of sales at the big box stores and other dealers have to do the warranty work. I quess it would be a heck of a lot better than what is happening now. you guys/girls are having to do the warranty work now with no parts and NO PAY!!!!!! LESS IS MORE OR MORE IS LESS?????

Almost anything would be better than what we have now,time is not on the side of the dealers,we have dealers who are having to close their doors now. you can't keep going if you can't sell the product on your lot. we need resolution now.Textron has to realise that time will not be kind to them either in terms of minimising their losses . they may force some dealers out of business by holding out, but they still will be forced themselves to deal with the problem of liquidating ageing inventory at reduced prices.they can not recover the losses they are going to have from dealers who are already broke. I don't think that framed copies of judgements against dealers, hanging on some office walls at Textron headquarters will make many points with their stockholders at dividend time.-----Taxpayer

 

[redneckford]

points with stockholders????? Who the h--- cares what China thinks.!!!! They are buying american companies on stock share at a time!!!!!

 

[taxpayer]

points with stockholders????? Who the h--- cares what China thinks.!!!! They are buying american companies on stock share at a time!!!!!

So True Redneckford, do you think you and I are too old to learn to write up and down instead of sideways?

 

[blueliner]

So True Redneckford, do you think you and I are too old to learn to write up and down instead of sideways?

Taxpayer -- long as you can sling a mean dish of cat and rice, you'll do fine in the 'new' world economy.

I'll have a harder time supplanting the Red Wings baseball cap for one of those semi-conical lids, though. Guess some old habits die slowly.

Rice, rice baby!

--Ole Blue

 

[redneckford]

ole blue----I'm from Lous--ana I got the rice thing down.(we use road kill not cats) However I still have a problem looking out over a rice field and calculating zackly how much gravey it will take to cover that rice. Those "old" Folks could get it right every time. Course they eat what they grew and used what they made!!! Something 'bout the rump of a mule????