By WLOX Staff
BILOXI, MS (WLOX) - Chrysler released a list of the dealerships it wants to eliminate Thursday morning, and no Mississippi Gulf Coast dealerships are on the list. The closest to the WLOX viewing area is actually a Ford dearlership in Tylertown, which also sells Chrysler, Dodge and Jeep vehicles.
Chrysler LLC wants to eliminate 789 of its U.S. 3,200 dealerships, saying in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.
The company, in a motion filed with the U.S. Bankruptcy Court in New York, said many of the dealers' sales are too low. Just over 50 percent of the dealers account for about 90 percent of the company's U.S. sales, the motion said.
The move, which the dealers can appeal, is likely to cause devastating affects in cities and towns across the country as thousands of jobs are lost and taxes are not paid.