Sunday, March 20, 2011

Former Chrysler dealership complaining U.S. about closures

DETROIT - sixty-four former Chrysler dealership sued the Government on Thursday, saying Obama managing their rights violated by closing their business during the automaker of bankruptcy without compensation.

The dealer said claims in Washington were filed with the U.S. Court of federal because "at least $130 million" compensation of the closure of its stores after a complaint.


Court papers said dealer to end this stores helped to stabilize the US economy and prevents the break of the American automotive industry.


"This is a loss, which should however be remembered by some individual car dealers, but..." "Must fairness and justice to the detriment of the public as a whole," trader said in court papers.


Chrysler bankruptcy be presented in April 2009. Termination sent notices to 25 percent of its Handlern-or 789 branch-as part of its U.S. Government-funded restructuring in May 2009.


The Treasury refused an opinion. In May 2009 Treasury said store closures were "necessary", Chrysler, to help rebound from its almost collapse and said it didn't matter when deciding which and how many traders would close.


In court papers filed Thursday his authority under the troubled asset said to relief program dealers, the US Government used State franchise laws to protect of traders rock.


Traders said she spent millions on education to help inventory and marketing to sell Chrysler vehicles. For example, spent a group of four merchants in Maryland make nearly $9 million to renew your facilities and other changes.


Traders came from 29 countries country including California, New York and Texas, according to the complaint.


Chrysler is now 25 percent owned and managed by the Italian Fiat SpA.


Copyright 2011 Thomson Reuters.

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