Chrysler Junks 789 Dealers —25% of US Salesforce

Move will increase profits, company says
By Ambreen Ali,  Newser User
Posted May 14, 2009 11:09 AM CDT
The company is trimming dealerships to increase its profitability.   (AP Photo)
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(Newser) – Chrysler plans to eliminate 25% of its US dealers by next month, the New York Times reports. The embattled automaker notified 789 today, citing the need to keep remaining franchises profitable. Chrysler filed a list of those dealerships in bankruptcy court, and a judge could decide to rescue them. General Motors is expected to follow suit with 1,000 of its dealers tomorrow.