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This was forwarded to me today. How many more "George Josephs" are out there??

Dodge dealer...TRUE tragic story

My name is George C. Joseph. I am the sole owner of Sunshine Dodge-Isuzu, a family owned and operated business in Melbourne, Florida. My family bought and paid for this automobile franchise 35 years ago in 1974. I am the second generation to manage this business.

We currently employ 50+ people and before the economic slowdown we employed over 70 local people. We are active in the community and the local chamber of commerce. We deal with several dozen local vendors on a day to day basis and many more during a month. All depend on our business for part of their livelihood. We are financially strong with great respect in the market place and community. We have strong local presence and stability.

I work every day the store is open, nine to ten hours a day. I know most of our customers and all our employees. Sunshine Dodge is my life.

On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them. My new vehicle inventory consists of 125 vehicles with a financed balance of 3 million dollars. This inventory becomes impossible to sell with no factory incentives beyond June 9, 2009. Without the Dodge franchise we can no longer sell a new Dodge as "new," nor will we be able to do any warranty service work. Additionally, my Dodge parts inventory, (approximately $300,000.) is virtually worthless without the ability to perform warranty service. There is no offer from Chrysler to buy back the vehicles or parts inventory.

Our facility was recently totally renovated at Chrysler's insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank.

HOW IN THE UNITED STATES OF AMERICA CAN THIS HAPPEN?
THIS IS A PRIVATE BUSINESS NOT A GOVERNMENT ENTITY

This is beyond imagination! My business is being stolen from me through NO FAULT OF OUR OWN. We did NOTHING wrong.

This atrocity will most likely force my family into bankruptcy. This will also cause our 50+ employees to be unemployed. How will they provide for their families? This is a total economic disaster..

HOW CAN THIS HAPPEN IN A FREE MARKET ECONOMY IN THE UNITED STATES OF AMERICA?

I beseech your help, and look forward to your reply. Thank you.

Sincerely,

George C. Joseph
President & Owner
Sunshine Dodge-Isuzu
george@sunshinedodgeisuzu.com


My heart goes out to you, George and all the others in the same lousy situation.

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George, this is terrible. The new buyers of Chrysler should be liable for what they are doing. There should be some form of compensation. When the government takes your property though eminent domain, they at least compensate you. This is just a mob style eviction.
This is a very sad state of affairs and Chrysler should be ashamed of these tactics. What a piss poor way to treat a long standing family business owner. Not much I can do for you from Australia George, but I wish you all the best and hope that there is some form of positive outcome for you... Good Luck
George, I just read what happened to you and I am appalled at what Chrysler has done. I am interested to find out what has happened from the time that you wrote this and see if there have been any changes for the good rather than the worse. My company is in Cocoa Beach, FL so we are neighbors and like a good neighbor, I would like to know the situation so that I do not refer anyone to that location if it is no longer yours. Hopefully the tables have turned and you are still owner and if that is so I would be happy to recommend anyone to your location.

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