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REPORT: Chrysler could lose up to 145 more dealers because they can't get financed
Chrysler's dealers haven't yet entered the portion of the game wherein they can catch a break. As if the dearth of inventory and lack of new vehicles weren't enough, nearly 150 dealers haven't been able to finalize floorplan financing. Since Chrysler Financial has exited that business, GMAC stepped in, but dealers are having a hard time meeting its terms: 85 have been turned down flat, another 60 or so are still working on it. In some cases GMAC has asked for more collateral; in at least one other case, GMAC is looking for the dealer to ... Read more →
REPORT: Rejected GM, Chrysler dealers telling their story on YouTube [w/VIDEO] Dan Roth
Since government money washed in to pump out General Motors' and Chrysler's swamped and nearly sunken businesses, there's been little mention of the cuts to the dealer base that both automakers ...
And so it begins: Affected Chrysler dealers prepare suit Jeremy Korzeniewski
The consequences of the Obama Administration's hope for New Chrysler to emerge from bankruptcy as quickly as possible will be felt by the 789 dealerships being shut down by the automaker on June ...
Chrysler aims to condense all three brands into single dealerships Jeremy Korzeniewski
Chrysler's Project Genesis plan has been gaining traction as of late. The goal is to cut out redundant models between the Chrysler, Dodge and Jeep brands, which would also mean consolidating its ...
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REPORT: Chrysler could lose up to 145 more dealers because they can't get financed 14 days ago on Autoblog
Chrysler's dealers haven't yet entered the portion of the game wherein they can catch a break. As if the dearth of inventory and lack of new vehicles weren't enough, nearly 150 dealers haven't been able to finalize floorplan financing. Since Chrysler Financial has exited that business, GMAC ...
REPORT: Rejected GM, Chrysler dealers telling their story on YouTube [w/VIDEO] 2 months ago on Autoblog
Since government money washed in to pump out General Motors' and Chrysler's swamped and nearly sunken businesses, there's been little mention of the cuts to the dealer base that both automakers have made as part of their rebirth. Tammy Darvish, whose DarCars Automotive Group lost two Chrysler ...
And so it begins: Affected Chrysler dealers prepare suit 6 months ago on Autoblog
The consequences of the Obama Administration's hope for New Chrysler to emerge from bankruptcy as quickly as possible will be felt by the 789 dealerships being shut down by the automaker on June 9th. According to a statement filed by Stephen Lerner, an attorney representing the Committee of ...
Chrysler aims to condense all three brands into single dealerships 1 year ago on Autoblog
Chrysler's Project Genesis plan has been gaining traction as of late. The goal is to cut out redundant models between the Chrysler, Dodge and Jeep brands, which would also mean consolidating its entire product line into one dealership which offers all three marques. While there are some dealership ...
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