Wisconsin - The crisis hits Wisconsin. According to a bankruptcy filing, Chrysler said it would close 18 auto dealerships in the state. In a bankruptcy court motion filed in New York, Chrysler said it wants to eliminate 789 dealerships by June 9. The motion said the dealerships sell too few cars and trucks, or compete with themselves.
But as the dealer points out, these massive cuts could make Chrysler even more vulnerable to the average consumer. It would seem the costs from unsold inventory, among other expenses, are high enough for Chrysler to overlook this public-image.
Chrysler has received $4 billion in federal loans and has been operating in bankruptcy protection since April 30. Its sales this year are down 46 percent compared with the first four months of last year and it reported a $16.8 billion net loss for 2008.
Wisconsin Auto Dealerships are among those proposed to be eliminated by the company. They include:
FRANK BOUCHER CHRYSLER located in GREENFIELD, Wisconsin
BRAEGER CHRYSLER JEEP located in MILWAUKEE, Wisconsin
CHILSON INC located in EAU CLAIRE, Wisconsin
RUSS DARROW CHRYSLER JEEP located in MENOMONEE FALLS, Wisconsin
DODGE CITY OF MILWAUKEE INC located in MILWAUKEE, Wisconsin
DON MILLER CHRYSLER-JEEP INC located in MADISON, Wisconsin
DON MILLER DODGE INC located in MADISON, Wisconsin
ERNIE VON SCHLEDORN LOMIRA, INC. located in LOMIRA, Wisconsin
JOHN QUADEN DODGE INC located in OKAUCHEE, Wisconsin
JOHNSON MOTORS OF ST. CROIX located in SAINT CROIX FALLS, Wisconsin
LAKELAND JEEP located in OCONOMOWOC, Wisconsin
LARSEN AUTO CENTER INC located in FREDERIC, Wisconsin
MUELLER CHRYSLER INC located in OSHKOSH, Wisconsin
PLACH AUTOMOTIVE located in NEW LONDON, Wisconsin
QUINN MOTORS OF ELLSWORTH located in ELLSWORTH, Wisconsin
SCHOCKER CHRYSLER AND DODGE located in ST. NAZIANZ, Wisconsin
VAN LIESHOUT AND SIMON DODGE located in KAUKAUNA, Wisconsin
WOLF'S MOTOR CAR COMPANY INC loccated in PLYMOUTH, Wisconsin
The Associated Press contributed to this...
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