One of the leading sellers of Chevrolet vehicles in the country is closing all of its dealerships.
According to a company statement released Wednesday Bill Heard Enterprises will close 14 dealerships nationwide.
One of the biggest dealerships is in Houston, Texas.
The Columbus-based company had five dealerships in Georgia and nine others in Alabama, Arizona, Florida, Nevada, Tennessee and Texas.
The closures affect about 27 hundred employees.
In the statement, the company cited factors including rising fuel prices, an inventory dominated by trucks and SUVs, economic recession, unfavorable market conditions and the current banking and financial crises.
The Arizona dealership closed two weeks ago.