Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Chrysler to cut dealers by 800



12 May 2009 @ 07:14 pm ET

Eight hundred of Chrysler’s 2,400 dealers will be dropped and finance agreements will be renegotiated according to dealers who participated in a conference call with a lawyer, the Detroit Free Press reported.

Related Topic

Get stories by e-mail on this topic.

  • Chrysler LLC | RSS
E-mail:

Pierre Bergeron, an attorney in the Cincinnati office of Squires Sanders, a law firm that is seeking to represent dealers Fiat and Chrysler want to drop, led the conference call.

President Barack Obama’s auto task force have pushed Chrysler and General Motors to drastically reduce their dealer networks.

Surviving dealers will be identified in a filing that dealers say will come Thursday.

Even those on the list could face an uncertain future.

This article is copyrighted by International Business Times.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Industries
Prime Sun Power, Inc. (PSPW.OB) Pushes Photovoltaic Solar in European Market
Prime Sun Power Inc. is moving to capture the clean energy market, which is primed to explode in the next two decades according to renewable energy exper...
WikiLoan, Inc. (WKLI.OB) Initiates Marketing Campaign
WikiLoan, Inc., pioneers in the bold new frontier of financial social networks and proprietors of WikiLoan.com – a website providing a powerful person-...
eDoorways Corp. (EDWY.PK) Sales Efforts Led by Retail Marketing Expert
Sales and marketing efforts for eDoorways Corporation will be led by Marty Lobkowicz, the company’s retail sales and marketing director. He is pre...

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2010 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives