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Chrysler announces major dealership closings

At the end of last month, American auto maker Chrysler announced that it was entering into Chapter 11 bankruptcy, and now we are starting to hear reports of plans to close a large amount of dealerships next month.

In all, Chrysler has decided to eliminate 789 out of its 3,200 dealerships that it says are just not pulling their weight in terms of sales. The company stated that its network of dealerships has become antiquated, and there currently exists too much competition between its dealerships.

Continue reading Chrysler announces major dealership closings

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Last updated: March 19, 2010: 09:00 AM

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