WASHINGTON -- Outlines of a possible settlement between automakers and rejected dealers have emerged after senior lawmakers disclosed what they want General Motors Co. and Chrysler Group to do for closed dealerships.
Rep. Chris Van Hollen, who is House Speaker Nancy Pelosi's assistant, said House leaders want the car companies to disclose the criteria and data they used to designate more than 2,100 dealerships for termination. If GM or Chrysler ignored its own criteria in rejecting a dealership, the dealership should be reinstated, Van Hollen, D-Md., said in an interview.
Dealers who dispute the grounds for their stores' terminations should have the right to appeal to third-party arbitrators, he said.
Van Hollen, the sixth-ranking House Democrat, said compensation should be offered to rejected dealers whose stores qualify for reinstatement but already have closed. "We want transparency by the automakers and a fair appeal process," said Van Hollen, who played a key role in organizing the talks that began last week.