Alabama Car Dealership Closes Its Doors

As America's big three automakers try to stay afloat financially --the owner of a third generation dealership in Montgomery, Alabama is having to give up on a legacy.

The McGough dealership closed its doors after 90 years in business.
Harris McGough's grandfather started the business in 1919.

McGough says he did everything possible to keep it going, including spending a lot of his own money, but times are different, the economy too challenging.
He says GMAC requires so much money on a car and they were running out of cash.

McGough says he doesn't know what will happen to the cars that now sit in his showroom and parking lots.

50 employees lost their jobs due to the closing.


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