Posted: Mar 9, 2010 2:30 PM by Bea Karnes, News First 5
Updated: Mar 9, 2010 2:30 PM
Two Colorado auto dealers fighting with Chrysler after losing their franchises would get some help from a bill advancing at the Capitol.
The Senate unanimously passed the bipartisan bill Tuesday. It would allow dropped dealers to seek termination payments from General Motors and Chrysler if their franchises are awarded to someone else. They could also try to get their business back instead.
Republican Sen. Shawn Mitchell said it would apply retroactively to two dealers whose franchises have already been awarded to competitors - David Fitzgerald of Northglenn and Yale King of Longmont. He said the bill will give them some rights if their dispute with Chrysler ends up in court.
The bill heads back to the House for re-approval.