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    Tag Archive for 'Congress'

    House committee to investigate California rep who sponsored dealer exemption

    Republican John Campbell, the Representative from California’s conservative 48th District, has been under scrutiny by the Office of Congressional Ethics, an independent office led by two former members of congress, David Skaggs, a Colorado Democrat, and Porter Goss, a Republican from Florida. Campbell, a former car dealer, is the congressman who sponsored an amendment exempting [...]

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    Chrysler, dealers enter arbitration

    Over half of the dealers dropped by the new Chrysler will take part in binding arbitration with the new company, following a bipartisan bill passed by both houses of Congress. Congress had refused to pass a bill to rescue General Motors and Chrysler, with representatives from both parties saying the government should not get involved [...]

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    Dealer survey, compromise bill

    J.D. Power’s 2009 sales satisfaction index has been released, and Dodge and Jeep dealers are anchoring the bottom, rated better than just one non-luxury brand – Mitsubishi. Every brand other than Chrysler was ranked above Dodge, Jeep, and former partner Mitsubishi. Chrysler came in just below Toyota, beating Hyundai, Nissan, Mazda, and its fellow Chrysler [...]

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    Jan Bertsch speaks before Congressional TARP panel

    Yesterday, Jan Bertsch, Chrysler Group’s Senior Vice President and Treasurer, made the following statement before the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP) Field Hearing on the Automotive Industry Financing Program: Members of the Panel, thank you for giving me the opportunity to discuss with you the financial assistance provided to the [...]

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    Real costs of “bad” Chrysler dealers

    Peter Grady, VP-Network Development and Fleet, issued the following statement (abbreviated somewhat here): … As Congress considers legislation aimed at reversing our decisions, I feel it’s important to set the record straight—not with opinion or rhetoric, but with straight facts. … We chose the network that we felt would best represent the new Chrysler Group [...]

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    Politicians demand government intervention

    Republican and Democrats alike have led the charge to have the government override private industry’s decisions as 202 Congressmen cosponsored a bill which would prevent GM and Chrysler from dropping dealers while in bankruptcy. In Chrysler’s case, the dealerships have already lost their franchises and some have closed. The proposal would overrule bankruptcy law, judicial [...]

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