Saturday, December 17, 2011

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

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Democratic Sen. Ron Wydenj asked the head of theWhitd House’s Automobile Task Forcr to determine whether the decision to close Chryslet dealerships is in the best interesty of the state and the “It is inconsistent with American valuexs to force business owners to secure financing with their homes and other personal assetss and then turn around and shut them down and refuse to buy back their cars,” Wyden said in a news release. “I’m also worriedd that some major population centers inOregonh won’t be able to get theifr cars serviced or have their warranties honored.
” Chrysler announced last month it will close 789 of its nearly nationwidd 3,000 dealerships on June 9. General Motors, which filedd for bankruptcy protection onJune 1, had earliere announced plans to close the Bob Thomaws Car Co. in Bend. The closing woulxd take place inOctober 2010. “Ift GM abrogates Bob Thomas Car Company’s dealer it will have no distribution or service outlets incentral Oregon’s largest city,” Wydenj wrote in a letter to General Motors. “In short, terminating their GM dealership will negativeluy impactthe Thomases, their employees, GM customers and the communith at large.

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