Sunday, February 27, 2011

Wyden seeks answers on closed auto dealerships - Washington Business Journal:

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Democratic Sen. Ron Wyden aske d the head of theWhite House’s Automobile Task Forcr to determine whether the decision to closwe Chrysler dealerships is in the best interest of the state and the “It is inconsistent with American values to forcs business owners to secure financing with their homes and other personal assets and then turn arounr and shut them down and refuse to buy back theirr cars,” Wyden said in a news “I’m also worried that some majo r population centers in Oregojn won’t be able to get their cars servicede or have their warrantiea honored.
” Chrysler announced last month it will close 789 of its nearlty nationwide 3,000 dealerships on June 9. General which filed for bankruptcyt protection onJune 1, had earlier announceed plans to close the Bob Thomas Car Co. in The closing would take places inOctober 2010. “If GM abrogates Bob Thomas Car Company’sd dealer agreement, it will have no distribution or service outlets incentral Oregon’s largest city,” Wyden wrote in a letterf to General Motors.
“In short, terminating theifr GM dealership will negatively impactthe Thomases, theird employees, GM customers and the community at

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