Thursday, May 14, 2009

CHRYSLER DEALERSHIPS CLOSING

Chrysler will be closing 25 percent of it's 3,000 U.S. dealerships by next month. They claim to have too many stores to compete with one another. Chrysler plans to eliminate 780 dealerships by mid June.

Apparently, dealer sales are way to low to continue business, claims the automaker. General Motors isn't too far behind. They plan to eliminate over 1,000 dealer agreements when they expire in September of next year. Man are we in trouble. Is it going to get worse before it gets better? I think so. ALL HAIL.

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