Local dealerships unsure of Chrysler bankruptcy effect

Freedom New Mexico

Local Chrysler dealerships say they don’t know what, if any, effect the corporation’s bankruptcy filing will have.

Chrysler, the nation’s third-largest car manufacturer, filed for bankruptcy protection Thursday after a group of creditors defied government pressure to wipe out the automaker’s debt. The company plans to emerge in as little as 30 days as a leaner, more nimble company, with Fiat potentially becoming the majority owner.

Management at Brewer Chrysler Dodge in Clovis said they didn’t know what the bankruptcy would mean for local dealers and declined further comment Friday.

A manager at Big Valley Autos, which sells Chryslers in Portales also declined comment but said from all reports, warranty and sales should not impacted due to government intervention to ensure warranties are honored.