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Monday, October 20, 2014

Ohio Auto Dealers Feeling Effects of Shale Development

From Automotive News:
Until 2013, according to the U.S. census, median household income here trailed the nation’s average of $51,939 by more than one-third.

Yet for more than a year, gushers of cash have rained down on Marietta, swelling the local economy as farmers and landowners leased the mineral rights to their property for one-time payments of $4,000 an acre or more. More money — much more, in the form of residual payments — is expected in the coming decades.

An ongoing explosion of domestic energy production — primarily from a highly controversial extraction process commonly called fracking — is transforming rural communities across North America.

In Marietta, hotels are full. Restaurants are booming. The city’s median household income shot up more than 20 percent in one year to a 2013 estimate of $40,286, according to the U.S. Census Bureau.

At Marietta’s auto dealerships, the increase in business has been immediate and dramatic.

“Three months ago, we couldn’t get them financed on a $5,000 car,” Marietta dealer Jim Cobb says of one of his recent Chrysler-Jeep-Dodge-Ram customers.
Read the whole article by clicking here. 


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1 comment :

  1. I had an alternator installed at Ed's Midview Service on SR 82 in Grafton. The work was started a day or two late. In the meantime, my recently painted car sat in Ed's poorly lit parking lot. When my alternator was finally installed, Ed called me and invited me to pick the car up after hours. When I arrived, I immediately noticed that my car was backed into the same space where I parked it two or three days earlier. A dark colored truck or SUV was parked in the space to the driver's side with very little room in between.

    Because of the position of the car, poor lighting, and the close proximity of the truck or SUV, I didn't get a good look at the driver's side of my car until after I pulled into my destination just up the road. When I got out, I immediately noticed a large dent in the rear door on the driver's side. I left several messages for Ed that evening and spoke with him the following morning. When I mentioned the damage, he said that it was already there when I dropped it off and that he had two witnesses to prove it. THAT WAS A LIE. When I dropped my car off several days earlier, there was no one there but Ed. So his claim to have witnesses could not have been true. Still, he refused to accept any responsibility for the damage.

    About 48 hours after picking my car up, it broke down leaving me stranded about 25 miles from home. The cost to have it towed was $130. The repair charge was another $60. The problem was with the main wire for the alternator that Ed had installed. It had fallen off or broken off. It had never fallen off before Ed laid his hands on it and it hasn't fallen off since.

    All together, I am out an additional $350 for the damage to the rear door, $130 for the tow, and $60 for the second repair to the alternator.

    I have already filed a complaint with the Better Business Bureau. The details will be posted on their website in a few weeks unless Ed grows a moral spine, honors a reasonable portion of his own warranty and pays for the body damage to my car, which by the way was in near mint condition until it was severely dented at Ed's Midview Service. In the meantime, I am going to post this warning all over the web.

    I have also challenged Ed in writing to a polygraph (lie detector) test. Loser pays the bill. He initially pretended to accept my challenge but then backed out immediately when I called him to make the necessary arrangements. He will never accept my polygraph challenge because he knows that I will pass and he will fail.

    Beware of work delays, poorly lit parking lots, and mechanics who refuse to accept any responsibility when they screw up. Beware of Ed's Midview Service.

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