Chrysler GM Dealership Close-out Sale for Canadian

Monday, June 8, 2009
By Ryan A. Smith
Category: Real Estate & Cars
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Empty showroom in one of the several hundred dealerships

Chrysler dealers as many as 788 dealers across USA are trying to dump inventory before franchise agreements expire on Tuesday. With less than 48 hours left, no wonder many dealerships are cutting prices down as much as 50% discount off MSP, like never happened before in the last 45 years of Chrysler history.

Are there any Chrysler dealerships being closed in Canada? So far, there is no word from Chrysler Canada about any possible shut-down of dealerships in Canada. However, for those living nearby the Canada-USA border, a short trip to USA can be worthwhile in seizing the once-in-a-lifetime liquidation sale for Chrysler vehicles. Make sure you find out which dealers are closed out, because only 788 out of 3189 dealers are affected.

Chrysler dealers scramble to unload vehicles
Peter J. Walsh, the owner of Walsh Dodge in Jersey City, N.J., started out selling used cars in his hometown 28 years ago after the birth of his daughter. He slowly built his business, and felt as if he’d finally made it when he earned his Chrysler shingle in 2000.

But on Tuesday, Walsh Dodge will lose that shingle — as will 788 other dealers across the country. Auburn Hills, Mich.-based Chrysler has asked a bankruptcy court for permission to terminate the franchise agreements of about 25 percent of its dealers. Chrysler needs to cut costs, and claims current sales levels don’t justify a network of 3,189 dealers.

Source: AP




Targeted Chrysler dealers in a race to the end
NEW YORK – Hundreds of Chrysler dealers across the U.S. on the automaker’s “hit list” are scrambling to dispose of their inventory by Tuesday when their franchise agreements are slated to be terminated.

Auburn Hills, Michigan-based Chrysler has asked a bankruptcy court for permission to terminate the franchise agreements of 789 dealers, about 25 percent of the total. Chrysler needs to cut costs, and claims current sales levels do not justify a network of 3,189 dealers.

For those facing termination, the last days of selling Dodge, Jeep and Chrysler vehicles have been filled with quick sales at deep discounts, along with sad goodbyes from longtime customers and feelings of dismay and anger toward the automaker they worked with for years.

Source: AP


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