Chrysler Dealerships: They Might Lose Hundreds More!

Chrysler Dealerships

It seems to me that Chrysler can not seem to catch a break.  While they seem to have had some successes in the ways of cars coming out and some brand new models being built, I have to say that since Chrysler Financial has taken a leave and GMAC has stepped in, the dealerships are having a very hard time in meeting the terms set forth.

That is the reason that Chrysler will most likely lose upwards of 145 more dealerships just because they can not get financed at all.  The main reason?  Because GMAC is asking for more collateral than Chrysler Financial was and they are looking for the dealer to actually alter their lending structure.

In total – Chrysler has closed up about 1,000 dealerships, simply because of the financing problems this year alone.

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