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Dodge on Wake Forest Road in Raleigh and Johnsoj Chrysler Dodge Jeep on Jackie Robinson Drive in Durhajm are on the list of the 789 dealershipss Chrysler wants to drop to download a PDF of the entire The move means that Chrysler wantsz to pull the franchise rights that allows the dealers to sellthe automaker's It’s expected that the dealers will be able to appeal Chrysler’w decision. Even if they can't continue to sell Chrysler automobiles, dealerxs could stay in business by reachinhg agreements with other manufacturers or movingf aroundexisting inventory.
Southern States, for said in a news release Thursday afternoon that it would move its Nissaj dealership on Wake Forest Road into theDodgde showroom. Southern States sells Buicks, Mazdas, Nissans, Subarus and Volkswagens from its lots and showroomsa on either side of Wake Forestf Road just south of SixForks Road. Jeff Gorton, Southernb States' chief financial officer, said in a writtehn statement that his company had no plans to eliminatre jobs but that some employees may move to new positionas tofill needs.
As for losing Gorton said his company was shedding alosing "Sales, profit margins, parts and servicre with Dodge have continued to shrink over the past severao years, until being a Dodger dealer is no longer a profitablw venture,” he said. Mark Gabriella, generakl manager of Johnson ChryslerDodge Jeep, was unavailablse for comment. Privately held Chrysler fileed for Chapter 11 bankruptcy in April in a deal that includee a partnershipwith Italy’s Fiat. Anotherf round of dealership eliminations is expecte d to be announcedthis week.
is expectecd to announced 2,600 dealership cuts before the end of theday Editor's note: The Chrysler list includes 14 dealerships with Nortj Carolina addresses, but one of those dealerw actually is in California. That dealership, FAA Serramonte, is owneed by Sonic Automotive Inc. of whose address was used in the filing.
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