A combination of Vancouver real estate prices and global economics will force a longtime Chrysler dealership on Main Street to close its doors for good next month.
About 50 employees of Vancouver Chrysler are looking for work after the 20-year-old dealership reluctantly announced it could not come to terms with Chrysler LLC over development of a new property in the downtown area.
Vancouver Chrysler has one year left on a five-year lease at its 1500-block Main Street venue, where a housing development is planned by the landlord, and was hoping to establish a new downtown site nearby.
Instead, it will close Dec. 6, leaving the city of Vancouver with one Chrysler dealership.
Source: The Vancouver Sun
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