Jeep dealer closing
- Thread starter Darton
- Start date
LIVEABOARD
Adventurer
Chrysler Lists Dealers on Death Row
Pertaining to Chrysler LLC's filing today (May 14, 2009), here is a list of dealerships slated for closure, subject to Court approval.
CLICK HERE TO VIEW PDF
Pertaining to Chrysler LLC's filing today (May 14, 2009), here is a list of dealerships slated for closure, subject to Court approval.
CLICK HERE TO VIEW PDF
6Pins
Adventurer
I counted 275 on the list that are Jeep dealers. I know my local one is on there as is the local Chrysler dealer. That means Ford is the only domestic manufacturer in town.
According to Bloomberg, the notice is pending a 3 June 09 court date and any unsold inventory will be transferred. I'm not sure if there are any caveats on existing inventory between now and then, but there could be some deals out there.
Interestinly, those dealers only made up 14% of the sales figures, so I can see why Chrysler is cutting them out.
According to Bloomberg, the notice is pending a 3 June 09 court date and any unsold inventory will be transferred. I'm not sure if there are any caveats on existing inventory between now and then, but there could be some deals out there.
Interestinly, those dealers only made up 14% of the sales figures, so I can see why Chrysler is cutting them out.
LIVEABOARD
Adventurer
Out of the 789 dealers to be dropped,
345 (44%) are dualed with a competitive franchise.
83% sell more used cars than new, anyway.
50% 392 sell less than 100 new vehicles a year.
345 (44%) are dualed with a competitive franchise.
83% sell more used cars than new, anyway.
50% 392 sell less than 100 new vehicles a year.
LIVEABOARD
Adventurer
Tmorrow GM list 2039 dealers
cnynrat
Expedition Leader
Did a quick scan of the list to see how it will affect my area (So Cal). Looks like ten dealers will be closed in the area from the central coast down to San Diego. Of the ten, three are dealers that only carried the Jeep brand. Six of the ten closures are in the greater metro-LA area.
No real surprise, but it looks the impact will be felt most in smaller cities and more rural areas.
No real surprise, but it looks the impact will be felt most in smaller cities and more rural areas.
seanz0rz
Adventurer
Dealerships cost the parent company alot of money, and if they are failing to move cars, they aren't worth paying for.
one huge reason the pentistar is being hit so hard in general is no one wants the cars they sell. the jeep wrangler unlimited and the dodge challenger are the only two vehicles they make that i would ever consider, and they are honestly far down on my list due to questionable reliability and the fact that they might not be around in the future for service and parts. the demand for vehicles has been shrinking in general, but the demand for, quite frankly, poorly engineered and constructed vehicles is even lower. they are unable to sell vehicles as quickly as they produce them, thus resulting in a huge glut of generally unwanted vehicles. to move these off the lot (every day they sit there they cost the business money), they must drop the prices, which in turn drops the resale value of used cars. resale values dropped a full 6% in the one week period after Chrysler announced their bankruptcy.
its really sad, as i think chrysler could have had some amazing products over the years. i love the new unlimited, but not enough to buy one, even if i had the money.
compared to the products of the other two domestics, chrysler fails miserably. the recent quality of ford is simply amazing. i often times find myself going "wow, i cant believe this is a ford!"
one huge reason the pentistar is being hit so hard in general is no one wants the cars they sell. the jeep wrangler unlimited and the dodge challenger are the only two vehicles they make that i would ever consider, and they are honestly far down on my list due to questionable reliability and the fact that they might not be around in the future for service and parts. the demand for vehicles has been shrinking in general, but the demand for, quite frankly, poorly engineered and constructed vehicles is even lower. they are unable to sell vehicles as quickly as they produce them, thus resulting in a huge glut of generally unwanted vehicles. to move these off the lot (every day they sit there they cost the business money), they must drop the prices, which in turn drops the resale value of used cars. resale values dropped a full 6% in the one week period after Chrysler announced their bankruptcy.
its really sad, as i think chrysler could have had some amazing products over the years. i love the new unlimited, but not enough to buy one, even if i had the money.
compared to the products of the other two domestics, chrysler fails miserably. the recent quality of ford is simply amazing. i often times find myself going "wow, i cant believe this is a ford!"
seanz0rz
Adventurer
computeruser
Explorer
Darn. The one two blocks from my house that I can walk to is closing. Geez.
