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Dealership Closing! It's Happening Now at Manufacturer of Jeep, Dodge and Dodge Ram

Tuesday, August 20, 2024 0:24

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In this 19 August 2024 video, content creator Brandon, a used car dealer, share the ins and outs of the used car market from his perspective. Brandon shares updates on car prices, what’s happening at the dealer auctions and what it’s like being a dealer. His goal is to share information to help you make the best decisions while buying a car amd to save you money. Brandon does not want car dealers taking advantage of you.

Stellantis N.V.. is a multinational automotive manufacturing corporation formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. The company headquarters is in Hoofddorp, Netherlands. Stellantis designs, manufactures, and sells automobiles bearing its 14 brands. They also have two mobility arms. Different car dealerships are aligned with Stellantis N.V..because they need to acquire stock to sell.

Abarth
Alfa Romeo
Chrysler
Citroën
Dodge
DS Automobiles
Fiat
Jeep®
Lancia
Maserati
Opel
Peugeot
Ram
Vauxhall
Free2move
Leasys

https://youtu.be/NpSCbM0Zneo

Google AI Overview…

As of July 31, 2024, Stellantis is suing a North Carolina dealership to avoid having to repurchase over 3,800 unsold fleet vehicles, which would cost the company around $180 million. The dispute began when Randall Marion, the dealership’s principal, notified Stellantis on June 13, 2024 that he intended to terminate the dealership’s sales and service agreement. Marion demanded that Stellantis repurchase the inventory of new vehicles by September 13, 2024, in accordance with North Carolina state law.

The SEC is interested in the lawsuit Stellantis filed against the North Carolina Dealer principal Randall Marion in an attempt to not buy back inventory. Shady practices and more could all be exposed in this lawsuit and could result in massive fines from the SEC against Stellantis,

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