Are private Chrysler dealerships being taken from owners with NO compensation?

[Pruzhany]

Many of them are talking of becoming used car dealerships. So they basically need to cover over the sign and change to name on thier LLC. The franchise fee is worth about $750k. But under bankruptcy they don't get the fee back (or they get added to the list of creditors). What I've heard is a possible barter where they exchange the fee for the floor plan. So they may be able to sell cars on thier lots for whatever they want without payback. Also dealerships made money on trade-ins (money was given to them from chrysler to cover them while new cars were sold). These fees may be forgiven under this barter deal. The dealerships will cut down staff to minumum required by law (yes there is a law or commission in each state just for them). I saw this in action last year and the only people that felt the pain were the employees and not the owners or mgmt. There are other back end items so don't cry for them yet. Truth be told they may just do a paper transfer of all the new vehicles to to the ones that are not closing (and give them a depreciation fee). Up to now we've seen used car lots go under, but the new car dealerships stayed. They have hundreds of cars and a full staff and none of them went under until now. Do you really think they sold anything at a loss (except for that one bait car advertised once in a while).

As to the fleet standard for the future, our octane level needs to increase to 95-97. The engines already exist outside of the US. The gas tanks will probably drop to 9 gallon tanks. Cars will be built to EU standards. And maybe we'll get the $3000 Tata.