Chrysler, who filed for bankruptcy protection two weeks ago, announced today that they plan to cut a quarter of its 3,200 U.S. dealerships, closing almost 800 by June 9. At a bankruptcy court filing on Thursday the company claimed that they had too many stores competing with each other. Here is a complete list of Chrysler dealerships closing.
Ken Phillips, a Southern California dealership owner, recieved the bad news today. He told a local radio station, “I’m setting here with $5 million worth of inventory that they’re not gonna buy back. We just have to try and liquidate it. We’ll have a huge fire sale. It’s just a huge money loser.”
Notices were sent out today to Chrysler dealers all over the United States informing them whether or not they were to lose their franchises.



