my .02

1) Chrysler as a whole has NOT been profitable. Anyone owning a Chrysler Franchise has known for a long time, the company, as a whole, is not doing well and has not done well for A LONG TIM.

2) If the Main company isnt doing well, it is still possible for SMALLER franchises/dealers to do well/profit. Look at Starbucks. There were 5000 stores nationwide 3 years ago, now they are drawing down to somewhere half that number because they overexpanded. People PAID for those franchises, and im sure they are losing them now even if they are profitable.

3) If the MAIN company goes out of business, then your franchise is still worth nothing, so you are kinda doomed either way. Lets say this guy gets to keep the Franchise, and Chrysler goes under anyway, awesome, your inventory is worth even less now an you are right back where you started.

4) If he did major renovations in the last 2 years or sooner, he was an idiot. the car companies have been way out of money for A LONG TIME. Why put money into a dieing breed? I mean i understand HE was profitable, but that means jack shit if the parent company is going down.

5) Franchise people know the risks when they buy in. You can be making a million dollars a day, but if the parent company is losing 2million a day, you are not going to survive, PERIOD. Thats the risk.


The only thing i do not like about this, is that Obama is LETTING chrysler take this guys franchise rights away and give them to someone else "cost free". That is not right. Some sort of compensation should be paid at the minimum. But the problem is Chrysler is broke, so.............

Something else isnt making sense, i highly doubt chrysler is going to stick him with $3,000,000 in inventory and move on and say sorry. I am willing to bet money that the "new franchise" owner will prob end up buying this guys inventory in some form or fashion. Im sure there is more to this story that is not being revealed.

If Obama sits back and lets Chrysler stick it to this guy in those terms, then hes majorly fucked up a small business. You cant penalize a guy for doing well.

The FRANCHISE risks are ASSUMED by everyone, but the Govt should not have a hand in "who stays and who goes".

But to be honest, its all garbage and wrong cause we are in bed with the auto makers whether you like it or not. No turning back now.