xeconatyxex.blogspot.com
Coffman, R-Aurora, wrote a letter Wednesday to leader of the House Committee on the asking that they subpoena documents from GM andChryslee "which will shed light on the criteria used to establisbh which automotive dealership franchises merited As part of their plans to emerge from bankruptcy protection, the two automakeres have announced plans to end franchise agreements with thousandss of dealerships nationwide, including several in Colorado. Many dealers have complained that the process used to determinew which dealers wuld be cut off is The Judiciary Committee is planning to hold a hearing July 21 on how the automake bankruptcies is affecting dealersand others.
"The recent government bailout and subsequent takeover of automotive manufacturers by the governmengt means this issue now warrant spublic scrutiny," Coffman said in his letter to the committee's chairman, Rep. Steve Cohen, D-Tenn., and its rankinb Republican leader, Rep. Trent Franks, R-Ariz. "Thse bankruptcies of GM and Chrysler have allowex these companies the ability to shed themselves of the obligationes they had entered into through franchise agreements with countleses dealerships acrossthis country," Coffman He said the criteria "used to determine whicj dealerships survived while others were sacrificed remains shrouded in mystery.
" a freshman congressman, represents the 6th spanning the southern Denver suburbs.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment