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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>How Is Chrysler Closing Dealerships? Not Nicely, And Maybe Not Well, Either | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="qWSTGYOKjB"&gt;&lt;a href="https://www.nakedcapitalism.com/2009/05/how-is-chrysler-close-dealerships-not.html"&gt;How Is Chrysler Closing Dealerships? Not Nicely, And Maybe Not Well, Either&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2009/05/how-is-chrysler-close-dealerships-not.html/embed#?secret=qWSTGYOKjB" width="600" height="338" title="&#x201C;How Is Chrysler Closing Dealerships? Not Nicely, And Maybe Not Well, Either&#x201D; &#x2014; naked capitalism" data-secret="qWSTGYOKjB" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>Readers are probably well aware that Chrysler and GM have started the process of closing dealerships. Chrysler is shedding 789 of its 3200 dealers, and GM is excising 2600 of its 6246, with 1100 notified last week. UBS estimates that the total job losses could reach 160,000, although some dealers may be able to operate [&hellip;]</description></oembed>

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