While many looked to the proposed deal between General Motors and Chrysler as a ray of hope for the survival of the two automakers, many Chrysler dealers were relieved to hear merger talks had stalled.
"Being with GM would have been like being an adopted stepchild," says Chuck Fortinberry, owner of Clarkston Chrysler-Jeep in Clarkston, Mich. "We're better off if we can get through this on our own than if we get sucked into a big conglomerate." Many dealers believed that a merger would mean the end of Chrysler as we know it, and were panicked at the possible results. "My fears were that they would probably eliminate the entire Chrysler line, keep Jeep and eliminate most of the Dodges," said Stephen Kaiser, the president of Fairfield Chrysler-Jeep in Muncy, PA. Any feelings of relief may be short-lived, however, as GM CEO Rick Wagoner has left open the possibility for talks to reopen; not to mention that Chrysler is still in such dire circumstances to join in the request for $50 billion in loans from the U.S. government to save the U.S auto industry. Source: Automotive News