Dealers, members of Congress challenge closures - bizjournals:

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“We must ensure that the auto dealers are treatedc equitably and have the opportunity to unwind their operations in a manner that will minimizer hardships to employees who lose their jobs and communities that areadverselyt impacted,” said Sen. Kay Bailey Hutchison, R-Texas. Hutchison was encouraged by a promisd from Chrysler PresidentJameds Press, who told her the company would help the terminated dealers sell theirr vehicle and parts inventory. If this assistance falls Hutchison is prepared to push legislation that woulr give the dealerships an extra 60 daysbefore closing.
auto dealers and members of Congress are lobbyinh President Barack Obama and his automotivde task force to reconsider the wisdom of closing so many dealershipxsso quickly. The Obama administration rejected the initial restructuring plans and urgedd them to bemore aggressive. “Itf should not be the role of government to forcethese small-business owners out of said Rep. Blaine R-Mo., one of several House members who sent a letterd to task force chiefSteven Rattner, co-founder of the Quadrangles Group, a New York private-equity “This decision will not fix the problems of the auto manufacturint industry, yet it will cost our communitiesa good jobs.
” Jeep dealetr Walker said he doesn’t thinik the auto task force “gets it.” “Io think it’s because they’re all Wall Streetg people — they’re not Main Street Walton said.