Chrysler dealers to recieve support from car dealer body

‘Although UK Chrysler dealers will be concerned about the manufacturer’s move into bankruptcy protection, the move will give dealers time to assess their own situation and make any changes they feel necessary to secure the future of their own businesses,’ said Sue Robinson, Director of the RMI’s National Franchised Dealers Association (NFDA).

Chapter 11 protects US firms from their creditors, allowing them to rearrange their finances while still trading.

Robinson adds: ‘The NFDA is in the process of contacting all its Chrysler dealer members so that they know that support and advice is available if required.