Chrysler

Many Chrysler dealers around the country are forced to close down, but not before they somehow make those cars fly. This is no great news, economy-wise, but on the other hand some might be quite eager to find out that Chrysler Dealers are offering some some real hot “out of business” deals. Mostly the ones [...]

General Motors has announced it’s plans to close about 1,100 dealerships and they are currently waiting for the letters to find out if they remain in business or not. According to GM, the dealers are expecting to get the letters, becuase they are only closing the ones that didn’t met the minimum sales volume and [...]

The Detroit based car manufacture is currently on the verge of bankruptcy and it’s starting to close up the gates on their dealerships around the nation. Starting from June 9th, Chrysler is expecte to shut down 789 dealerships from the total of 3200 all around the US. The marked dealerships received the bad news yesterday [...]

These are some tough times for Chrysler as everything points to a bankruptcy. The company was hoping that the US Treasury Department would reach an agreement with the lenders of the car manufacturer, however, the negotiations were stalled and then broken down. Chrysler will now file bankruptcy under Chapter 11 protection, and they will be [...]