Your local Jeep/Dodge dealer may be on the chopping block

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Dave

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Heard about it this morning. Not sure how it will affect Chrysler/Jeep as a whole. There are a few dealers around here actually, and Jeeps are popular here in the Northeast.

I am really peeved because one of them is my dealer who is really pretty good for a dealer. The best Jeep dealer around here anyway. Good tech's and people that know their jeeps.

Dave
 

TruLiberty

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such is the way of the american economy. we forget how volatile it really is, big companies can fail just as often as mom and pop shops if not ran right. heard a comedian talking about why the workers at the companies the CEO's are forking over should have the right to string them up in the streets....
 

Mangate

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I wonder what will happen here in Mexico, there are heaps of Jeeps here. I could count at least 50 Liberty sightings a day, no exageration.
 

HoosierJeeper

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ONe near me just built a new parking garage, and went bankrupt. They owed some 10 million.

I only have 2 more dealers local now....next ones are a good hour away...
 

CHUD

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Brooklyn had three (3) Jeep dealers (Speed, Kings Plaza & Bay Ridge) up until 2006. They are all history now, the last one moth-balled near the end of 2008.

I now have to go to Manhattan, Queens or Long Island to get my KJ serviced by an authorized dealer.
 

flair1111

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not trying to get political here, but this is the truth to me and how i see it...


is anyone here really surprised? watch these vids and youll see that this was warned against along time ago and at least one man knew and understood. to bad no one would listen to him....and if you dont watch the full vids, then you cannot understand what is being said.

also keep in mind all the "experts" in our government said that if the bailout didnt go through, then bankrupt would happen and lots of jobs would be lost. sad that this was going to happen anyway. only difference is, the big guys behind the scenes, that ran this into the ground, got their money back (our money), while the worker just lost his job!:mad: bailouts shouldnt have happened.

anyway, the man who knew better and warned and notice the dates ....

http://www.youtube.com/watch?v=kelM...owthread.php?t=192513&feature=player_embedded

http://www.youtube.com/watch?v=UvFZH_adksc

http://www.youtube.com/watch?v=eigiMz-s_Rs

http://www.youtube.com/watch?v=prX_a6BVd7k



so yeah....

and if that is interesting to you, here is the way the rest of the economy is going to go unless our government changes the way they run this country. sorry but im pissed. i hate the way our government meddles in everything now and cheats the working man. they have cost me 2 great long term jobs since 02 due to interference. (blarg) i hate it that these workers have been lied to and are going to STILL be out of a job. i know exactly how they feel, and that *****.

here

http://www.youtube.com/watch?v=8Hfa7vT02lA

http://www.youtube.com/watch?v=G7d_e9lrcZ8

and they laugh at our freedom and way of life...
http://www.youtube.com/watch?v=54WFoV-veCM

a HOT one!
http://www.youtube.com/watch?v=l5ZXM3h4jig

http://www.youtube.com/watch?v=zPij7fyIiUQ

http://www.youtube.com/watch?v=DrIH65VWGEI

dont ever say you didnt know. :eek:
 
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The Fixer

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One of the site sponsors (Wyckoff) is on the list, and they're only about 1/2 hour away from me. I think there's only one Jeep dealership left in my area now, and it's not convenient at all to get to. Thank God I do all the service work on the KJ and XJ. I feel for all the techs that are losing their jobs!
 

tjkj2002

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A full 1/3 of GM dealers and 1/4 of Chrysler dealers are going bye-bye,got the news this morning since my employer has some very large contracts with both and a no return policy on there stocked inventory of our products.
 

Atrus

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While a few in the Detroit area are closing, luckily my dealership will remain open.


I was glad to see that Friendly made it through. If it was between Monacotti and Friendly, I'd gladly take Friendly.

I need to get my KJ in there. 2,000 miles of warranty left and I need some things fixed!
 

HoosierJeeper

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One of the 2 dealers I have left is brand new...and I'm not a fan of their general inventory. The other has a good inventory, sales reps that don't bug you when you're just looking. The service dept. is fine, although I had to remind them the KJ needed the ball joint recall.......
 

hyde

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Just one very small dealership in my area, rest seems to be intact, and I always thought we had way too many dealerships around here..
 

Marlon_JB2

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I was glad to see that Friendly made it through. If it was between Monacotti and Friendly, I'd gladly take Friendly.

I need to get my KJ in there. 2,000 miles of warranty left and I need some things fixed!

The Riehl family probably BOUGHT their way out of getting shut down. lol3.gif
 

moparman

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My dealer is on the list, best dealership service I have encountered so far. They are also Cadillac and Mazda so I do not think they will stop doing service. In MD it seems like it was single brand dealerships that were on the list but there are some that are staying open.
 

Marlon_JB2

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A local Chrysler Jeep dealership (Northland) recently picked up Dodge because they knew this was gonna happen.

I wonder if Roseville will also pick up Dodge because of this? Then again they really don't have any room for it.
 

moparman

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From Edmunds Inside Line... 5/5/09 AUBURN HILLS, Michigan — An in-depth look at Chrysler's bankruptcy filing documents indicates that the Viper brand may not survive beyond next year.

The documents split Chrysler's assets and liabilities into two groups, those belonging to "OldCo" or the old company and New Chrysler, the entity that Italian automaker Fiat would assume.

"The major assets remaining in OldCo would include eight manufacturing facilities, and related machinery and equipment, with a book value of $2.3 billion," according to the declaration of Robert Manzo, which was part of Chrysler's first-day motions. "The [Section] 363 balance sheet analysis anticipates that certain plant and facility assets would be left behind in OldCo and closed by 2010."

The document says OldCo assets and liabilities include the following: Chrysler's Sterling Heights assembly plant, St. Louis North, St. Louis South, Conner, Newark, Twinsburg, Kenosha and Detroit Axle. The Conner plant, located in Detroit, builds the Viper products with about 115 workers.

Robert Manzo is the executive director of Capstone Advisory Group LLC, a financial advisory services firm that says it has expertise in turnaround and crisis management. The firm has been working on-site at Chrysler headquarters since November 2008, according to court documents.

When contacted by Inside Line regarding the fate of Viper in the face of Chrysler's bankruptcy filing, Chrysler spokesman Todd Goyer e-mailed the following statement:

"As previously indicated, Chrysler LLC is evaluating strategic alternatives for the Viper business including the potential sale of the Viper nameplate, Conner Avenue Assembly Plant, and/or associated tooling and resources. During this process Chrysler has been approached by a number of parties interested in purchasing the business.

"Chrysler continues to evaluate these proposals in an effort to maximize the value of the Viper business. No timeline has been established in connection with this process, and Chrysler will not comment on the nature of ongoing discussions or negotiations or confirm the identity of any of the interested parties."

Manzo's declaration also raised red flags about the fate of the Jeep Wrangler.

His documents said a liquidation analysis of Chrysler "assumes that certain car lines and the plant assets supporting them will be sold as going-concern enterprises. These lines include Jeep Wrangler, Dodge Viper and Dodge Ram and Dakota truck lines."

But he delves deeply into the case of Jeep Wrangler, raising doubts about its ability to attract a buyer or survive as a stand-alone entity.

"The example of the Jeep Wrangler is instructive," Manzo writes in his affidavit. "A potential buyer would face significant additional investment costs in the range of $550 million to $1 billion.

"These additional costs include in excess of $100 million for signage to establish a dealer network, supplier-related costs exceeding $250 million and upwards of another $150 million in associated marketing costs to relaunch the car line. There are likely other significant costs that a potential buyer would have to incur in order to re-establish the brand. In addition, recent market experience reflected in the efforts to sell Saturn, Opel, Saab and Hummer brands indicates an extremely depressed market for stand-alone automotive brands."

Manzo's declaration was part of thousands of pages of documents filed in regard to the Chrysler bankruptcy.
 

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