Oh Cerberus, when will you learn?
Chrysler Financial once again manages to f*ck up. The result? 145 dealerships across the nation *might* close up their moot-point-open doors due to a… ::ahem:: credit issue. CF is currently retooling their loan bequeathment system to favour consumers and to screw over and not dealers. GMAC now has the rights to these dealer transfers, and they want more collateral [naturally] to secure the move. This financial pendulum of mistrust and ill-fated negotiations might result to almost 150 dealerships getting canned by the big guns at GMAC.
Never has it sucked more to be a licensed Chrysler, Dodge or Jeep merchant.
Tags: chrysler, dealers, dealerships, Dodge, jeep
