Car Dealerships' Woes Impact Local Governments The Big Three's financial problems are trickling down to dealerships across the country. Many local governments depend on tax revenues from dealers but are now experiencing huge losses. The city manager of Monroeville, Pa. discusses how failing dealerships are affecting his city's revenues.
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Car Dealerships' Woes Impact Local Governments

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Car Dealerships' Woes Impact Local Governments

Car Dealerships' Woes Impact Local Governments

Car Dealerships' Woes Impact Local Governments

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The Big Three's financial problems are trickling down to dealerships across the country. Many local governments depend on tax revenues from dealers but are now experiencing huge losses. Alex Cohen talks to Marshall Bond, city manager of Monroeville, Pa., about how failing dealerships are affecting his city's revenues.