Follow up to previous postings on Chrysler, this WSJ article, downloadable list, and graphic chart: “Chrysler will close one-quarter of its dealerships in the United States…see names, location details of the 789 dealers the embattled auto maker is seeking to drop from its retail network, according to documents filed Thursday with the U.S. Bankruptcy Court in Manhattan.”
- News release: “Chrysler LLC today filed a motion with the U.S. Bankruptcy Court seeking to reject certain U.S. dealer agreements, and a list of U.S. dealer agreements to be assigned to the buyer of its business assets. Subject to Court approval, 2,392 Chrysler, Jeep® or Dodge dealers will continue with the new company in a global alliance with Fiat once the sale is complete. This action will help improve the landscape of the Chrysler dealership network following the sale and enhance the full line portfolio of Dodge, Jeep and Chrysler products for customers.”
- Treasury Department Statement on Chrysler Dealer Consolidation
- Related postings on financial system
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