Local dealerships fight to stay afloat after Chrysler goes bankrupt

    Over seven-hundred and eighty Chrysler dealerships will close as part of the car maker’s bankruptcy plan. The dealerships that lost their franchise are finished as of Tuesday night and now have to deal with the breakup.

    Over seven-hundred and eighty Chrysler dealerships will close as part of the car maker’s bankruptcy plan. The dealerships that lost their franchise are finished as of Tuesday night and now have to deal with the breakup.

    Listen:
    [audio: 090609tmdeal.mp3]

    Don Bragg is ending his dealership’s almost 50 year relationship today with Chrysler. He owns Gegnas Chrysler and is frustrated. He says he’s been selling off his new cars at big discounts. Bragg says he’s still fighting with Chrysler over rebates and warranty reimbursements.

    Bragg: They owe me about 48 thousand dollars for warranty work that I did, for parts that I put on cars under warranty, rebates I’ve given people, and they keep telling me the check’s in the mail.

    Bragg says he’s sold 20 cars so far this week. Jannie Worsham bought a new car at Gegnas two weeks ago, and is disappointed she didn’t wait a few more days.

    Worsham: I’m finding out today I could have gotten a better deal if I waited for two weeks, and that’s what I’m upset about right now.

    Gegnas will continue as a used car dealership while Bragg negotiates to purchase another new car franchise.

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