Here’s An Automotive Bailout Plan That’s Second To None

In This Issue

-My Weekly Reminder
Instant Turnaround!
-I Want to Hear Your Success Stories
-Pass it on

My Weekly Reminder

This week’s Reminder is about the best automotive industry bailout plan that I’ve seen so far.  If you like it, please pass it on to your Congressperson.  The people who put this together produce this newsletter.

The Pochert/Connolly Automotive Bailout Plan

SUCCESSFUL STANDARD MARKETING TACTIC:  The COUPON/REBATE PROCESS has been one of the most successful marketing concepts for stimulating business growth.  Don’t bailout companies from the Top Down, do it from the Bottom Up.

SUMMARY: Give $10,000 cash back directly to every consumer who buys a new General Motors, Ford, or Chrysler car within the next six months.  25 billion divided by 10 thousand buys two million, five hundred-thousand cars.

IMPLEMTATION:  Easy to monitor, easy to implement, instant results, and it creates instant cash flow in the economy.

  • One cash back rebate per tax payer with a valid social security number.
  • Must purchase (or order) a new car within the next six months, free to choose between General Motors, Ford, and Chrysler.
  • An application for the rebate is made to the federal government after the purchase with proof of purchase, copy of registration, and basic documentation proving residency and tax paying status.
  • Rebate check would be direct deposited within two weeks into designated checking/savings account.
  • The rebate of $10,000 could be used for ANY purpose including paying down the car loan, buy another car (even an import), buying Christmas presents, paying down bills, or paying down an upside down mortgage. Anything at all.

RESULTS:  The results are simple to understand

  • It moves existing inventory.
  • Creates competition between General Motors, Ford, and Chrysler to offer even deeper deals.  Competition is a basic driving force in our economy.  This competition would make auto executive think about lowering executive compensation, work out concessions with the auto-workers, create more fuel efficient cars, change their out-dated business practices, etc.
  • Ordinary citizens would benefit directly.  The ordinary consumer would feel excited about being a part of the “bail out”.
  • The incentive would be to buy smaller cars… it buys more of a car, but they are free to buy any size car they want.
  • The cash rebate would fuel the immediate economy by also allowing this capital to move faster through the cash flow of our ordinary economy.
  • Fraud should be able to monitored easily. 

 
Instant Turnaround! by Harry Paul and Ross Reck

Below is an image of the cover of my new book which will be launched in May of 2009.  If you would like to download the table of contents and first chapter, simply click on it.

Ross Reck's Instant Turnaround

 

I Want to Hear About Your Success Stories

If you have a success story using some of the ideas that I’ve presented in my Weekly Reminder, my books or my seminars, please send them to me.  I would love to read them and possibly print them in a future issue of the Reminder.  Click here for my email address.

Pass it on

If you know anyone who would like to read my Weekly Reminder, I would very much appreciate it if you would pass it on to them or sign them up.  Thank you!

 

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