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	<title>AutoGuide.com News &#187; Pohanka Chrysler-Dodge</title>
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		<title>AutoGuide.com News &#187; Pohanka Chrysler-Dodge</title>
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		<title><![CDATA[Terminated Chrysler Dealers Must Sell Inventory by June 9th]]></title>
		<link>http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html</link>
		<comments>http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html#comments</comments>
		<pubDate>Thu, 04 Jun 2009 15:35:46 +0000</pubDate>
		<dc:creator>Colum Wood</dc:creator>
		
		<guid isPermaLink="false">http://www.autoguide.com/auto-news/?p=4317</guid>
		<description><![CDATA[<a href="http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html"><img src="http://www.autoguide.com/auto-news/wp-content/uploads/2009/06/chrysler-jeep-dealership-by-the-consumerist.jpg" alt="Terminated Chrysler Dealers Must Sell Inventory by June 9th" hspace="10" width="150" align="left" border="0" /></a> <a class="newCarRev_titlelink" href="http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html">Terminated Chrysler Dealers Must Sell Inventory by June 9th</a><br />Those 789 Chrysler, Dodge and Jeep dealers that were cut loose by Chrysler as a part of its bankruptcy and restructuring plan have until June 9th (next Tuesday) to part with their remaining inventory. Because of the dealership contract that they signed, dealers aren&#8217;t allowed to sell off the cars once the contract expires. And [...] <a class="research_link" href="http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html">more</a>]]></description>
			<content:encoded><![CDATA[<p><a href="/gallery/gallery.php/?g2_itemId=55367"><img title="chrysler-jeep-dealership-by-The-Consumerist.jpg" src="http://www.autoguide.com/gallery/gallery.php/main.php?g2_view=core.DownloadItem&amp;g2_itemId=55369" border="0" alt="chrysler-jeep-dealership-by-The-Consumerist.jpg" /></a></p>
<p><strong>Those 789 Chrysler, Dodge and Jeep dealers that were cut loose by Chrysler as a part of its bankruptcy and restructuring plan have until June 9th (next Tuesday) to part with their remaining inventory</strong>.</p>
<p>Because of the dealership contract that they signed, <strong>dealers aren&#8217;t allowed to sell off the cars once the contract expires. And because Chrysler is in bankruptcy protection, it doesn&#8217;t have to buy the cars back either.</strong></p>
<p><strong>Chrysler has said that it will help the 789 dealers move their inventory to the remaining Chrysler dealerships, but it won&#8217;t give any guarantees on the amount of money those dealerships will have to pay for the remaining vehicles.</strong> And considering the circumstances, the terminated dealers don&#8217;t exactly have much faith in their parent company right now.</p>
<p><strong>As a result, dealerships are slashing prices.</strong> CNN visited Pohanka Chrysler-Dodge in Leesburg, Virginia, where the dealership has<strong> slashed prices on some models by as much as 40 percent. A brand new Dodge Nitro, which lists for  $29,170 now has a sticker price of just $17,510.</strong></p>
<p>Owner Ray O&#8217;Bryhim even says prices may get lower as the June 9th deadline approaches.</p>
<p>When Chrysler&#8217;s 789 dealers received noticication that their contracts would not be renewed, they had an inventory of roughly 44,000 cars.</p>
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		<summary><![CDATA[Those 789 Chrysler, Dodge and Jeep dealers that were cut loose by Chrysler as a part of its bankruptcy and restructuring plan have until June 9th (next Tuesday) to part with their remaining inventory. Because of the dealership contract that they signed, dealers aren&#8217;t allowed to sell off the cars once the contract expires. And [...] <a class="research_link" href="http://www.autoguide.com/auto-news/2009/06/terminated-chrylser-dealers-must-sell-inventory-by-june-9th.html">more</a>]]></summary>
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