View Single Post
Old 03-06-2011, 10:10 PM   #14
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,869
Default

Quote:
Originally Posted by OutDrive.ca View Post
WOW, how is anyone supposed to float something like that?
You simply ask the taxpayers for billions in bailout funds and then convince the White House they need to sign-off on the deal to save UAW jobs. (Sorry, I couldn't help myself... )

On a serious note, Chrysler owns the building and they'll run the dealership as a factory store. Chrysler tried to find some private capital dealers to take the deal but no one would touch it. As I've stated in another thread, I'd be amazed if that store doesn't lose at least $100K per month.
XDCX is offline   Reply With Quote