Chrysler 'sacks' US dealers

Chrysler has confirmed it will shed a quarter of its US dealer network

Chryslers has overnight confirmed it will shed 789 of its near-3200 US Chrysler, Jeep and Dodge dealers. The ‘announcement’ came as the company filed motions with the US Bankruptcy Court to end selected US dealer franchise agreements.

According to US media industry source, Automotive News, the affected dealers will be required to close their franchised operations by June 9. Many are expected to continue trading via other franchises or as used car operations, Automotive News said.

Chrysler put a positive spin on the dealer group downsizing stating, “Subject to Court approval, 2392 Chrysler, Jeep or Dodge dealers will continue with the new company in a global alliance with Fiat once the sale is complete.”

“We are in the process of revitalizing Chrysler’s business to succeed as a viable enterprise under new ownership in the future,” said Chrysler’s ex-Toyota sales chief, Vice Chairman and President, Jim Press (pictured).

The rest of this article found at
Carsales.com.au

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