South Carolina--Chrysler filed a motion Thursday morning with the U.S. Bankruptcy Court in New York stating that it wants to eliminate 789 of its 3,200 dealerships by June 9.
The company plans to eliminate 11 South Carolina - Chrysler-dodge-jeep dealerships. The dealerships have until June 9 - to sell there inventory. Most likely the dealerships will file a motion.
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.
11 South Carolina Chrysler-dodge-jeep dealerships are among those proposed for elimination by the company. They include:
DICK SMITH CHRY-JEEP located in COLUMBIA, South Carolina
EDWARDS AUTO SALES COMPANY located in WALHALLA, South Carolina
FLOYD MOTOR COMPANY INC located in LAKE CITY, South Carolina
HOOVER CHRYSLER JEEP, INC located in CHARLESTON, South Carolina
HOOVER CHRYSLER-JEEP LP located in CHARLESTON, South Carolina
LANCASTER DODGE CHRYSLER JEEP, INC located in LANCASTER, South Carolina
MEGGS CHRYSLER JEEP DODGE located in BENNETTSVILLE, South Carolina
MULLINS CHRYSLER DODGE JEEP located in MULLINS, South Carolina
RACEWAY CHRY-JEEP-DODGE located in HARTSVILLE, South Carolina
STROM ALTMAN DODGE, INC. located in N CHARLESTON, South Carolina
SUPERIOR MOTORS INC located in ORANGEBURG, South Carolina
Chrysler has been working to consolidate its dealerships by helping to create more that sell all three of Chrysler's brands - Dodge, Jeep and Chrysler - under one roof. About 62% of Chrysler dealers are consolidated now but after these closures 84% will be..
(The Associated Press contributed to this.)
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