Chrysler’s ‘hit list’ targets GOP donors Dealers who give to Republicans much more likely to be shuttered

Carolyn Hileman - The Voice | May 28, 2009 

As part of its Chapter 11 bankruptcy, Chrysler is terminating one-fourth of its franchises – but some say its catalog of doomed dealerships looks more like a hit list that specifically seeks to put Republican donors out of business.

Chrysler will now be eligible for up to $8 billion in taxpayer-funded federal aid. The federal government has already provided $8.58 billion to Chrysler and Chrysler Holding between the months of January and May of this year. The Treasury also loaned $1.5 billion to the automaker’s lending arm in January.

President Obama has said the bankruptcy will give the company “a new lease on life,” after his administration spearheaded a plan requiring the company sell to Italian automaker Fiat. Chrysler’s stronger operations will be owned by Fiat, labor and the U.S. and Canadian governments. The sale could close as early as this Friday.

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