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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (307927)	5/31/2009 7:34:28 PM
From: LindyBill	Read Replies (1) \| Respond to of 793838

the methods used to select dealerships for closure. This is coming out the way we initially guess. We know the MSM will refuse to investigate. And will spike this if they can. The question now is, will FOX NEWS pick it up?

To: Brumar89 who wrote (307927)	7/27/2009 8:13:02 AM
From: Brumar89	1 Recommendation Respond to of 793838

Rockefeller Calls for Audit of GM, Chrysler Dealership Terminations Nice to see a Democrat pushing this. Special to Huntingtonnews.net Washington, DC (HNN) – Senator Jay Rockefeller has requested that the Special Inspector General of the Troubled Assets Relief Program (TARP) review the methodology of the General Motors (GM) and Chrysler decisions to terminate more than 2,000 dealership franchises across the country. “There is substantial confusion, even among dealers themselves, as to how GM and Chrysler selected dealerships to terminate and what benefits, if any, they might gain by doing so,” Rockefeller, D-WV, said. “In light of the impact these closures have on communities in West Virginia and across the country, as well as the fact that both companies have received billions in taxpayer supported funding, I believe the American people deserve to understand what led to these decisions.” As Chairman of the Senate Committee on Commerce, Science, and Transportation, Rockefeller held a hearing on June 3 regarding the closures. Among those testifying were executives from GM and Chrysler, a representative from the National Automobile Dealers Association, and two dealers whose franchises had been selected for termination – including Pete Lopez from Spencer, W.Va. Following the hearing, Rockefeller sent letters to GM and Chrysler, demanding fair treatment for dealers, workers and consumers. As a result of Rockefeller’s demands in the letters, the companies made a number of key promises: Chrysler committed to having all terminated dealers’ vehicle inventory purchased at cost, minus a $350 fee, and to consider creating companion service facilities to service vehicles in areas without coverage. GM worked with the National Automobile Dealers Association to modify Participation Agreements to alleviate dealers’ concerns about their rights under state franchise laws. Both companies agreed to offer terminated dealers first consideration of new dealerships that are opened and to assist dealer technicians in finding new employment opportunities. huntingtonnews.net