Home » Posts tagged with "auto-dealerships-closing"

Chrysler-Matches-Car-Allowance-Rebate-4500-Clunkers-Incentive

Chrysler LLC ~ Chrysler announces today they will match the “Car Allowance Rebate”. The government is offering a $4500 tax rebate incentive; for those who are willing to trade in their old clunker. The Chrysler vehicle incentive will begin on July 23 and end on Aug 31. Overall “the automaker matching rebate incentive could turn out to be a winner”. The company is in rebuilding... 

The-Chrysler-Fiat-deal-Postponed-Ginsburg

Detroit – Chrysler LLC’s planned asset sale to a group led by Italy’s Fiat S.p.A was delayed by Ginsburg while the U.S. Supreme Court considers a request for a longer adjournment that might shatter the deal. Chrysler said that the sale is necessary to stop losses of $100 million a day. The sale – would transfer its Jeep, Chrysler and Dodge brands. The deal would also save over 38,000... 

Chrysler-Delaware-Auto-Dealerships-Closure-List

Delaware – Chrysler crisis hit Delaware. According to a bankruptcy filing, Chrysler said it would close 3 dealerships in the Delaware.In a bankruptcy court motion filed in New York, Chrysler said it wants to eliminate 789 dealerships by June 9. The motion said the dealerships sell too few cars and trucks, or compete with themselves. More than 38,000 people will be without work once the dealerships...