General Motors Rolling Out Termination Plan for 1,124 Dealerships

General Motors has recently told about 1,124 dealerships, which are mostly poor performers, that their GM franchise agreements won’t likely be extended past October 2010.

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Chrysler Will Shut-Down 789 Dealerships by June 9th

It is a gloomy day for many Chrysler Dodge Jeep dealerships around the U.S. today!

DETROIT — Chrysler LLC notified its U.S. retailers today about its plans to shut down 789 dealerships, or 25 percent of its total, by June 9th.

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What Does The Chrysler Bankruptcy Mean? w/Poll

Are you wondering what will happen to Chrysler after Chapter 11 Bankruptcy?

If you have not heard already or you live under a rock, Chrysler has filed for bankruptcy and announced a deal with Fiat S.p.A. We have compiled a list of points briefly describing what will actually happen to Chrysler during and after the bankruptcy. We have included a voting poll allowing you to participate and let us know what you think will ultimately happen to Chrysler.

Below is a list of highlighted points of what will happen to Chrysler during and after bankruptcy.

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A Buyers Market: Dealership Deals Rise While The Auto Industry Drops

We recently had the opportunity to chat with some local car dealerships and they all agreed that now is the best time ever to buy, obviously. Pretty much, it is a buyer’s market when it comes to car shopping. If you do not have a car with an upside-down note to pay off then you may be in a great position to buy a new or pre-owned car.

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