Chrysler Group is warning some of its dealers that it may try to shut them down if they don't improve their sales within six months, the Wall Street Journal reported on its Web site on Tuesday, July 24.
Chrysler, which is being spun off by German parent DaimlerChrysler in a $7.4 billion deal with Cerberus Capital Management, has about 3,700 dealers, compared with General Motors Corp.'s 6,900 and Ford Motor Co.'s 4,200, the paper said.
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