Business As Usual For Local Chrysler Dealerships 2009: Local Chrysler

Business as usual for local Chrysler dealerships

For local Chrysler dealers, it’s business as usual.
According to Corey Sawchuk, a partner in the Grande Prairie Auto Group, which owns five local dealerships, including Grande Prairie Chrysler Jeep Dodge, local consumers need not worry about news last week that Chrysler has filed for Chapter 11 bankruptcy in the United States. He stressed that the bankruptcy protection was limited only to Chrysler’s U.S. operations, and will not extend to Chrysler Canada, but was necessary in order to restructure the company and enter into a partnership with Italian automaker Fiat. Consumers will be the big winners, Sawchuk said. “So now they’re debt free, restructuring in a more aggressive business model… so at the end of the next 60 days, they’ll be leaner, meaner and better than they ever were,†he said. Current car owners and future buyers also should rest assured that their warranties will be guaranteed by the company, and governments on both sides of the border have promised to underwrite warranties as well. “So even if something horrific did happen, they’re protected by the government on those,†Sawchuk said.
However, the bankruptcy protection in the U.S., needed in order to secure billions of dollars in U.S. government bailout funds, has had a trickle-down effect on Canadian operations when it was announced that assembly plants in Windsor and Brampton would indefinitely cease operations after suppliers halted shipments of parts.

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