October 30th, 2009 by DaveAdmin
Mopar has clarified its eStore announcement in a mailing to dealers. Parts ordered online by end users will be sent to local dealers for fulfillment, using existing dealer-to-dealer systems, as speculated earlier. Payment will be made using existing invoicing systems. Dealer participation in the “D2D Customer” program is optional.
At the dealer, once an order is [...]
October 27th, 2009 by Bill Cawthon
The National Automobile Dealers Association says as many as 40 Chrysler dealerships may be threatened with foreclosure because of the ongoing dispute between GMAC and Chrysler financial.
“The parties have taken inconsistent positions and dealers are stuck in the middle,” said Forrest McConnell, an official with NADA. The dealer group says the affected dealerships are viable [...]
October 20th, 2009 by Bill Cawthon
Responding to concerns that a lack of financing may cause more Chrysler dealers to close up shop, GMAC Financial Services President Bill Muir says the number of dealers that don’t qualify for new loans through the lender is likely to be small. According to Muir, the vast majority will be approved as GMAC takes over [...]
October 17th, 2009 by Bill Cawthon
Chrysler dealers who survived the purge earlier this year now face a new challenge: getting financing in the midst of a dispute between GMAC and Chrysler Financial. Hundreds of dealerships that Chrysler Group says are critical to its success could go out of business because they can’t get floorplan funding from GMAC until they have [...]
October 13th, 2009 by Bill Cawthon
A group of 38 non-profit groups, including the NAACP, Consumer Federation of America and the Center for Responsible Lending, are asking the House Financial Services Committee to make sure automobile financing is included in the purview of a new Consumer Financial Products Agency. The consortium accuses dealers of predatory lending practices and want the federal [...]
October 12th, 2009 by DaveAdmin
The Dodge Ram sport performance hood, sales code MGB, can now be ordered.
In addition, Dodge Nitro buyers can now get dark charcoal paint for 2010 models; the 16 inch aluminum wheel is available on SE, but 17 inch polished aluminum wheels are now available only with the 24F package.
Chrysler still has some ordering restrictions for [...]
October 1st, 2009 by Bill Cawthon
Facing possible legislation restoring the franchises of 789 dealers cut by Chrysler during its brief stay in bankruptcy, the automaker has agreed to stop offering the terminated dealers’ former territories to new dealers. The company says the action will continue throughout the negotiations it is having with dealer representatives and the National Automobile Dealers Association.
Chrysler’s [...]