>>>If I owned a dealership, and I had to sign a contract that stipulated that IF the company wanted to terminate my agreement with them, and take my inventory of THEIR cars which I PAID for (at wholesale), then GIVE them to ANOTHER dealership FREE, then I need a bullet in my BRAIN for signing it !!
>>>
>>
>>There's no indication that this is what's happening. What is happening is that it's going to much harder for these dealers to sell their remaining inventory.
>>
>>Tamar
>
>http://www.bendbulletin.com/apps/pbcs.dll/article?AID=/20090520/BIZ0102/905200339/1041&nav_category=
>
>From the article...
>
>"Chrysler spokeswoman Kathy Graham said that because of the extraordinary circumstances, the manufacturer has arranged for the roughly 2,400 dealers it intends to keep to buy the unsold cars from dealers set to lose their franchise June 9. She said Chrysler would normally offer to buy them back but can’t because it doesn’t have the money."
>
>So, they are being forced out of business, and Chrysler intends for the remaining dealerships to buy up the inventory from the defunk ones (at a major loss to the defunk owners). I doubt that the defunk owners will make any of their investment back on the lost inventory. I hope they were incorporated.

Defunct....