Less than eight months after he held his grand opening party at his sparkling new Gregory Chrysler-Jeep store in Lake Villa, Ill., dealer Gregory Mauro held a wake last Tuesday.
Mauro, 48, and his employees stayed at the suburban Chicago dealership until 2 a.m. the morning of June 10, selling 26 new and 16 used vehicles that day. Some of the vehicles went out the door for $10,000 below sticker price.
Mauro was shocked that Chrysler would terminate him after he had opened a $6 million store, built to factory specifications.
"It's criminal," he says. "It's like going home and finding your wife cheating on you after 30 years."
Gregory Chrysler-Jeep was one of 789 Chrysler dealerships that learned May 14 that Chrysler was rejecting their franchise agreements.