1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

GM, Chrysler fight reopening of closed dealerships

Discussion in 'General Viper Discussion' started by Ulysses, Jul 9, 2009.

  1. Ulysses

    Ulysses Enthusiast

    Posts:
    3,411
    Joined:
    Oct 2, 2000
    Location:
    San Diego, CA. USA
    GM, Chrysler fight reopening of closed dealerships - Yahoo! Finance


    I'm sure some of you have seen this mornings news already.



    GM, Chrysler press lawmakers to back off House legislation to restore closed dealerships


    • By Ken Thomas, Associated Press Writer
    • On Thursday July 9, 2009, 12:41 pm EDT
    WASHINGTON (AP) -- General Motors and Chrysler are urging lawmakers to stop legislation that would prevent automakers from closing car dealerships that the dealers want to keep open, saying it would complicate their emergence from government-led bankruptcies.
    The companies are closing nearly 3,000 dealerships as part of their bankruptcies, but the moves angered lawmakers pushing measures to restore the shuttered dealerships.
    Late Tuesday, the House Appropriations Committee approved an amendment to force General Motors Corp. and Chrysler LLC to restore franchise agreements with dealers as a condition of partial government ownership. The auto companies said it could threaten their viability plans. Committee Chairman David Obey, D-Wis., said he would fight to save the amendment.
     
  2. Viper Wizard

    Viper Wizard Viper Owner

    Posts:
    5,258
    Joined:
    Apr 28, 2001
    Location:
    South Salem, NY USA
    "Chrysler said in a statement Thursday that the legislation would "jeopardize the viability of the new company" and it used "sound business judgement" to reconfigure its dealerships."


    :bsm:
     
    Last edited: Jul 9, 2009
  3. Ulysses

    Ulysses Enthusiast

    Posts:
    3,411
    Joined:
    Oct 2, 2000
    Location:
    San Diego, CA. USA
    Yeah, I don't quite understand how keeping the dealerships open would jeopardize their viability other than the manufacturers don't know how to or aren't willing to cut costs.
     
  4. Martin

    Martin Enthusiast

    Posts:
    1,810
    Joined:
    Dec 15, 1997
    Location:
    Silicon Valley, CA and Portland, OR
    After everything the dealers have gone through during that process, would they really want to be associated with Chrysler again? That would be kind of like my girlfriend breaking up with me, and then saying she'd get back together just because her parents told her she had to.
     
  5. CCBrian

    CCBrian Enthusiast

    Posts:
    659
    Joined:
    Jun 27, 2005
    Location:
    Nor Cal
    I dont know-if she's hot and you can't get any better...
     
  6. Martin

    Martin Enthusiast

    Posts:
    1,810
    Joined:
    Dec 15, 1997
    Location:
    Silicon Valley, CA and Portland, OR
    Scary - have you been stalking me or something? You know too much...
     
  7. eucharistos

    eucharistos Viper Owner

    Posts:
    6,845
    Joined:
    Feb 15, 2008
    Location:
    Houston

    the sheeple believe anything
     
  8. Warfang

    Warfang Viper Owner

    Posts:
    6,912
    Joined:
    Nov 27, 2004
    Location:
    California, East Bay
    :lmao::lmao::lmao::lmao::lmao:
     
  9. Viper Wizard

    Viper Wizard Viper Owner

    Posts:
    5,258
    Joined:
    Apr 28, 2001
    Location:
    South Salem, NY USA

Share This Page