Chrysler wants less dealers

According to the Wall Street Journal and Dealers Edge, Chrysler is warning dealers that they may get shut them down if sales don't improve in six months.

"Some 50 dealers in the Great Lakes region that have been missing monthly sales goals received letters from Chrysler saying they must improve their performance within 180 days or the company would begin the process to "terminate" their franchises.

Similar letters are expected to go out to other low-volume dealers across the country in the next few weeks."

Chrysler is now controlled by Cerberus Capital, and as part of their plan to lower losses in North America they say they to slash dealer ranks.

Tags: Chrylser, Cerberus, automotive, auto industry, automotive industry

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