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June 7th, 2009
12:37 PM ET

Chrysler dealer losing his franchise, ponders future

Chrysler will be back in court Monday, working out details of it's own demise. An appeals court late Friday okayed the sale to Fiat. So what does this mena on the Chrysler sales lots across the country? Carlos Planas has run a Chrysler dealership in the Miami area for 20 years. But as of Wednesday, that will no longer be the case.

Filed under: Fredricka Whitfield
soundoff (4 Responses)
  1. H. Lee

    If it costs nothing to the auto makers why shed dealers? I guess they don't have special interests working for them.

    June 7, 2009 at 1:02 pm |
  2. Tracy Posey

    If the government is suppose to honor my warranty on my 2005 Chrysler PT Cruiser, where am I suppose to take it when it breaks down with all these dealerships closing down. Do I have to take it to the White House for repair?

    June 7, 2009 at 1:13 pm |
  3. susan

    With the filed bankruptcy all dealers had the POTENTIAL to lose their contracts. The deal is that those who were not expected to be wooed back to the "NewCo" or the "re-do re-do" Chrysler at least got notification of same. Hey. They were "sacked," as the Brits like to say, or "fired" or "terminated" as various US folks prefer. They, at least, can try to make a new start themselves.

    This demonstrates the trickle down effect – why the US Govt opted to step in for the auto industry (whereas they was nary a hand lifted for the US steel industry.) [20-50 employees per dealership, ?how many dealerships] Just think on the other side with just initial manufacturers. GM initially jettisoned the Delphi Division as a separate company in an attempt to help their books. But, it was just voodoo. They now need to rescue Delphi or they will not have the parts to continue manufacturing. (It's not like the European cars, although an awful lot of them seem to use Bosch parts as OEM. What do the Japanese and Korean cars use?)

    So Toyota, Honda and VW/Audi/Daimler-Chrysler and Hyundai are Sniff and Scurry with Ford as Hem and Chrysler and GM as Haw in the "Who Moved My Cheese."

    June 7, 2009 at 2:26 pm |
  4. Charlie Erickson

    I don't see why these dealers should have to eat their inventory.

    If the cars are now their personal property, shouldn't they be able to sell them at auction? In this way, they could at least recoup a portion of the value of the car(s).


    June 9, 2009 at 8:44 am |

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