Chrysler Group is pleased the arbitrator agreed with the difficult dealer decisions made during the bankruptcy proceedings. This was an important decision in that the arbitrator essentially decided that no dealer in the market is better than diluting Chrysler Group’s dealer network with a poor performing dealer.
There is no denying that Chrysler Group’s and the public’s economic interests are inextricably linked. Chrysler Group not only employed sound business judgment but is acting in the greater public interest by protecting the dealer network that was created as a result of the bankruptcy proceedings. We are confident we now have the dealer network in place that allows dealers to be successful, which will result in greater investment in their communities, employees and customers and, ultimately will enable the company to repay the U.S. Taxpayers in a timely manner.
