Park Cities Chrysler-Jeep-Dodge, a survivor of Chrysler's bankruptcy and reorganization, has stopped selling new cars and may soon be out of business after Chrysler Financial called all its loans.

Chrysler Financial is no longer financing dealership operations and demanded immediate full repayment of Park Cities' loans.

Chrysler Financial called all its loans... Chrysler Financial is no longer financing dealership operations and demanded immediate full repayment of Park Cities' loans.

The loans cover all of his vehicles, the dealership property and buildings. Moreover, other sources of automotive financing are extremely difficult to secure now, leaving cash-strapped dealers few options for operating loans.

"I've lost millions of dollars," said Griggs, who has managed or owned the dealership for more than a decade. "I'm done. I'm going to sell everything out here and get out of it.

Full story here: Park Cities Chrysler-Jeep-Dodge may be forced to close | News for Dallas, Texas | Dallas Morning News | Dallas Business News

This is just not right!

 

Gah how long has our dealership been open? If I remember right, thats a pretty old dealership =O, and for that area thats really unexpected... Shammeee......

 

I saw this in the paper and was upset. I really hope there is a way it can be salvaged. It's a great dealership, and for as long as I can remember. Hopefully Ferris can keep us posted.

 

Where still here for how long i don't know. but we will be reopening somewhere in the dfw area soon after. still taking care of my fellow crossfire owners. thanks guys....

 

Glad to see you on here! We have missed you at the meets!

 

Ya i have had alot going on i will try to make the next one...

 

Great to see you back here and PC Chrysler is going to live. The next GTG is the TMS event. Texas Motor Speedway - Running of the Xfires II - Sept. 26th

Come join us at the largest Crossfire GTG ever in Texas!

 

Glad you are hanging in there.

We have been missing you and Elizabeth!!!

Hope to see you soon!!

 

Looking at PC Chrysler from the Tollroad this morning, it looked liked the whole dealer is closed including parts and service. Can anyone confirm this?

 

I pass by it every morning on the way to work

It has been closed for a couple of weeks.

Ferris, any updates?

 

Hey all,
I live very close to Allen Samuels Alliance Chrysler Dodge Jeep

I called them to find out if they have a Crossfire Certified Mechanic on their staff.

They do. His name is Bobby Clarkston and he has been a Chrysler mechanic for over 30 years.

For Crossfire service call them and ask for Greg Harrison their service manager. Tell them that you are with the Crossfire Forum DFW group and you need Bobby to take care our your baby...

Contact information and website info follows:

Allen Samuels Chrysler Dodge Jeep at Alliance
www.allensamuels.com

11200 North Fwy
Fort Worth, TX 76177-6900
(817) 337-1937

I hope this helps. I think that if we get a group in there we should be able to get competent and correct servicing of our, dare I say it, classic vehicles.

Littlewing,
we may even set up a Saturday coffee meeting there. I'm sure that they would sponsor it.

Thanks

 

Yes its been closed for over a month chrysler financial called all their loans and the owner of the dealership had a dispute with them on some money they owed him so everyone took a loss.... I am employed again tho Don Davis C-J-D is my new home...

 

Great to hear you landed a new job! Thanks for the update.

 

Chrysler is gone guys. It ain't coming back

Meanwhile we subsidize a hybrid car company in Finland for Al Gore.

http://online.wsj.com/article/SB125383160812639013.html

BTW, Hybrids create more CO2 at present than gasoline only cars.

roadster with a stick

 

I was at Huffines Chrysler Jeep last week and the new car area looked very sparse. Lot was only about 40% full.

 

Most likely due to the Cash for Clunkers program. Last week I drove to Arlington and noticed that the Grand Prairie Ford lot off I-30 had nothing but pickup trucks. The Arlington Ford off of 360 was about 50% full.

People say that the lagging sales in October was due to the hang over from the Cash for Clunker program. Reality is many dealers don't have cars to sell.

 

Is this the one in Arlington?

 

Yes its in arlington