Chrysler Still Owes Axed Dealers
At least 20 of the 789 dealers cut by Chrysler during its restructuring are still owed money for vehicles they sold before their wind-down. According to FOX Business News, NADA has been receiving complaints from the dealers. “This situation is unacceptable,” says a NADA spokesman. “The dealers got 26 days notice they would be closing. It’s been two months now and to not pay dealers even a portion of what they are owed is outrageous.” Chrysler’s response? Be cool. “All dealers will be paid monies due to them for incentives and warranty work,” Chrysler tells FOX Business. “On July 28 Chrysler notified its former dealers that the payments were delayed, due to unforeseen complexities as a result of the bankruptcy reorganization, but they will receive final monies due to them.” Unforeseen complexities? Oh, boy . . . .
More by Edward Niedermeyer
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@GS650G: QFT.
20 out of 800? BFD! You don't think 20 closing dealers screwed up the paperwork, or tried to get a little extra in the confusion. Oh I forgot, the folks at NADA are a bunch of Boy Scouts.
As we read a few weeks ago Oldsmobile dealers are still waiting to get paid their money from years ago. These ex-Chrysler dealers are in for a long haul.