General Motors Corp. and Chrysler LLC were “just plain wrong” to take taxpayer funds and leave local dealers and their customers to fend for themselves, Senator Jay Rockefeller said as lawmakers faulted the automakers [Wednesday]. “Chrysler gave its dealers less than one month’s notice prior to termination, which is truly unbelievable,” he said. Auto executives “must have a terrible conscience” about what they are doing, said Senator Frank Lautenberg, a New Jersey Democrat. “There has been double-dealing here,” he said, referring to Chrysler retailers being asked to buy more cars and then being told they would close.
Source: Bloomberg
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