A dark day reigns down on great American car..

Chrysler LLC notified is eliminating 25% of its dealerships and showrooms..

More than 30,000 Chrysler employees will lose their jobs..

789 dealers received their brown envelope informing them of the ties being severed..

The automaker also said it would not repurchase the cars, tools, or inventory.

Many of the victims of closure are family owned businesses that have lasted for generations. Many small towns and big cities are about to be devastated--along with the prospect of facing a large plot of land that will remain useless and vacant.. vacant as a sign of the past times of great profits and rolling wheels..Dealerships now silenced by the new fierce reality of the great 21st century recession--which may very well be a depression.

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GM is next

General Motors, facing the prospect of bankruptcy, appears ready to pull a Chrysler and start notifying its dealers of closures ..

This number much higher than the 789 Chrysler dealers, however: GM may trim 2,600 dealerships!

GM appears to be planning to pay suppliers prior to bankruptcy deadline..


Developing..