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 via UPS mail and have the option to appeal in due time. Many of these dealerships were part of the small town economic growth and this complete eradication of their business will have a disastrous impact on the city as a whole.
Even if the dealerships have the right to appeal, most of them already know the poor situation they have to struggle with and so far they seem to 
lose the battle with customers. This seems to be the worst period of time Chrysler has ever seen and things do not seem to get better. After dropping on sales with almost 46% from last year and losing more than 16.8 billion Dollars, one of the icons of the American car industry is currently in bankruptcy.
General Motors is also another auto manufacturer that took a big hit this last year. The corporation announced that there will be no contract renewing with any franchise after September 2010. This “Great Recession” that brought the world to its knees had a huge impact on the US automakers and with things evolving this way, car manufactures will have to pay more attention on the future of four wheel driving, the electric car.
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