Sunday, February 5, 2012 18:43

Chrysler To Close Dealerships

Posted by Ron Del Rosario on Friday, May 15, 2009, 1:51
This news item was posted in Finance, News category and has 0 Comments so far.

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With a reported 46% loss in sales and more than 16.8 Billion dollars, Chrysler is smarting, a lot.

In an effort to cut losses, Chrysler has announced that it would be closing a quarter of it’s 3200 U.S. based dealerships around 789 dealerships. The dealership themselves were caught by surprise when they received mails from their parent company that the dealership would be closing.

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