Chrysler/Fiat deal okayed - KSWO 7News | Breaking News, Weather and Sports

Chrysler/Fiat deal okayed

Undated - Chrysler has gotten the okay from the Supreme Court to go ahead with their deal with Italian automaker Fiat. The high court had stayed the sale Monday. But Tuesday, the court rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. Chrysler, Fiat and the Obama administration had warned that the high court's intervention, and therefore delay of the deal, could have grave consequences.  

In a related story, consumers who purchase Chrysler, Jeep and Dodge brand vehicles will no longer be able to get them in the Lawton/Fort Sill area. Like many other dealerships across the nation, the Eddie Cordes Dealership spent Tuesday taking down signs and emblems that indicated the popular brands that were once sold there.

"It's a terrible inconvenience. I don't think it is fair to Dodge, Chrysler or Jeep owners, and it certainly distresses us," said office manager Bill Burns.

Cordes will remain open but as Eddie Cordes Auto Finance Center. They will sell and finance pre-owned cars. Even with all the changes, the owner said all of his workers will keep their jobs.

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