Chrysler Dealerships to Close Today-But Court Fight is On

By: AP Email
By: AP Email

NEW YORK (AP) - Dealers opposing the proposed sale of Chrysler
to Italy's Fiat -- and the end of 789 Chrysler franchises -- return
to court today.
The Supreme Court has halted the sale while it studies an
ongoing appeal, though the delay may be only temporary.
The Italian automaker says it won't walk away from a deal to
acquire a controlling stake in Chrysler despite the stay issued by
Justice Ruth Bader Ginsburg.
Fiat has the legal right to walk away from the deal if the sale
is not completed by June 15. But a spokesman for Fiat says today
that the automaker will stay on board.
There are no Chrysler dealerships closing in the Brazos Valley. The closest ones are in Giddings,Crockett,Waco and Houston.


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