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Chrysler, GM to Close Dealerships Nationwide

HeadlineMay 15, 2009

The auto giant Chrysler has announced plans to close nearly 800 dealerships across the country, or one quarter of its retail chain. General Motors is expected to follow suit today with the announcement of 1,000 dealerships it plans to fold. Taken together, the announcements could affect an estimated 89,000 workers.

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