Sunday, October 3, 2010

Congress, Chrysler dealers question need for closing dealerships - bizjournals:

raisavydyexuwowi.blogspot.com
If this assistance falls short, Hutchison is prepared to push legislationm that would give the dealerships an extra 60 daysbefores closing. Meanwhile, auto dealers and members of Congressx are lobbying President Obama and his automotive task force to reconsider the wisdom of closing so many dealerships so The Obama administration rejected the initial restructuring plans and urged them to bemore “It should not be the role of government to force these small-business owners out of business,” said Rep. Blaine Luetkemeyer, R-Mo., one of severap House members who sent a letter to task forc e chiefSteven Rattner, founder of the Quadrangle a New York private-equity firm.
“Thias decision will not fix the problems of the automanufacturinhg industry, yet it will cost our communities good jobs,” Luetkemeyefr said in the letter. Jeep dealer Walkerr doesn’t think the auto task force “gets it.” “I thinkk it’s because they’re all Wall Street people — they’re not Main Streetr people,” Walton said.

No comments:

Post a Comment