Cash For Clunkers

[TDW]

One of our local Dealers, Joseph Pontiac-Chevrolet, just had most of his employees walk off the job. They haven't been paid in over 30 days. The owner, Joe Hood, says he has no money to pay them because the Gov hasn't sent one dime of the money to him from the C4C deal. He said all of his money was tied up in inventory, which is now gone. Don't know if he is telling the truth or not, but all the Dealers around here that were interviewed for the story said the same thing about no money from the Gov yet.