GM, Chrysler fight reopening of closed dealerships

[Ulysses]

GM, Chrysler fight reopening of closed dealerships - Yahoo! Finance


I'm sure some of you have seen this mornings news already.



GM, Chrysler press lawmakers to back off House legislation to restore closed dealerships

• By Ken Thomas, Associated Press Writer
• On Thursday July 9, 2009, 12:41 pm EDT

WASHINGTON (AP) -- General Motors and Chrysler are urging lawmakers to stop legislation that would prevent automakers from closing car dealerships that the dealers want to keep open, saying it would complicate their emergence from government-led bankruptcies.
The companies are closing nearly 3,000 dealerships as part of their bankruptcies, but the moves angered lawmakers pushing measures to restore the shuttered dealerships.
Late Tuesday, the House Appropriations Committee approved an amendment to force General Motors Corp. and Chrysler LLC to restore franchise agreements with dealers as a condition of partial government ownership. The auto companies said it could threaten their viability plans. Committee Chairman David Obey, D-Wis., said he would fight to save the amendment.

 

[Viper Wizard]

"Chrysler said in a statement Thursday that the legislation would "jeopardize the viability of the new company" and it used "sound business judgement" to reconfigure its dealerships."

 

[Ulysses]

Yeah, I don't quite understand how keeping the dealerships open would jeopardize their viability other than the manufacturers don't know how to or aren't willing to cut costs.

 

[Martin]

After everything the dealers have gone through during that process, would they really want to be associated with Chrysler again? That would be kind of like my girlfriend breaking up with me, and then saying she'd get back together just because her parents told her she had to.

 

[CCBrian]

After everything the dealers have gone through during that process, would they really want to be associated with Chrysler again? That would be kind of like my girlfriend breaking up with me, and then saying she'd get back together just because her parents told her she had to.

I dont know-if she's hot and you can't get any better...

 

[Martin]

I dont know-if she's hot and you can't get any better...

Scary - have you been stalking me or something? You know too much...

 

[eucharistos]

"Chrysler said in a statement Thursday that the legislation would "jeopardize the viability of the new company" and it used "sound business judgement" to reconfigure its dealerships."

the sheeple believe anything

 

[Warfang]

Scary - have you been stalking me or something? You know too much...

 

[Viper Wizard]

Showdown brews in D.C. over plan to cut GM, Chrysler dealers | Freep.com | Detroit Free Press

[media]http://www.youtube.com/watch?v=f3YPnTwdeto[/media]