Chrysler to close more than 700 dealers, including Scott-Preusse of Redwood Falls
Chrysler LLC filed documents in a Manhattan bankruptcy court today that could imperil several area auto dealerships. As it works to restructure and become profitable once again, the company aims to cancel 789 dealership agreements, including only one in west central Minnesota.
Scott-Preusse Inc. of Redwood Falls is on the Chrysler dealer cancelation list.
Approximately 75 percent of Chrysler's agreements with its 3,188 dealers would be left intact if the company has its way.
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