Can Fewer Dealers Sell More Cars?

GM and Chrysler plan to close many dealerships

Thursday, May 14, 2009

GM and Chrysler are making big plans to slash dealerships. The idea is that if they have fewer dealers, those remaining will be more profitable. Chrysler tells us today which dealers it will close, and GM will do the same tomorrow. All together, that could add up to 3,600 dealerships closing up shop across the country. John McEleney is a Chrysler dealer from Clinton, Iowa. He's meeting with President Obama’s auto task force later today to plead his case, along with other dealers from GM and Chrysler. McEleney is also the chairman of the National Automobile Dealers Association.

Guests:

John McEleney

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