CHRYSLER DEALERS Chrysler moves to eliminate 25 percent of its dealers
NEW YORK (AP) - Chrysler LLC has told a bankruptcy court it plans to eliminate 789 of its dealers - or about 25 percent of them - across the country as part of its restructuring process. The automaker has about 3,200 dealers but says that's too many. It wants to have stronger, more profitable dealers with better facilities. Chrysler spokeswoman Kathy Graham says the company will notify specific dealers before commenting publicly. The dealers likely will have a right to appeal to get off the list. The move could have a devastating impact on cities across the U.S., costing jobs and tax revenue.
Four Local dealers slated for closure are Reynolds Autogroup in Durant, Crossroads Superstore in Atoka, Fred Pilkilton Motors in Denison, and El Dorado Motors in McKinney.
Here's how the appear on Chrysler's list:
JHS BUSINESS ASSOCIATES INC DBA CROSSROADS SUPERSTORE 44970 DTCJ 1701 SOUTH MISSISSIPPI ATOKA, OK 74525
REYNOLDS AUTOGROUP, INC. DBA REYNOLDS AUTOGROUP, INC. 68323 CDTJ 2104 W EVERGREEN ST DURANT, OK 74701-4624
FRED PILKILTON MOTORS 420 W WOODARD 56822 DT DENISON, TX 75020-3139
EL DORADO MOTORS INC DBA EL DORADO CHRYSLER JEEP 68399 CJ 2110 N CENTRAL EXPY MCKINNEY, TX 75070-3744
Thursday, May 14 2009 5:46 PM EDT2009-05-14 21:46:08 GMT
In response to today's news and announcements by Chrysler: Fred Pilkilton Motors has been in business for 66 years, since 1943. Fred Pilkilton Motors is an Independent Dealer that has Chrysler as one of its suppliers. More >>