Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

3 of 7
BACKNEXT
Brown's Chrysler, Jeep and Dodge
Owner: Michael Brown
Location: Paintsville, Ky.

"I have been the owner for a year, but the dealership has been in my family for decades. My father started it, and after he passed, my brother took it over for a few years. We're very much a family store, with 48 employees total.

In 1981, Chrysler approached my father and asked him, a Ford dealer, if he'd want to open a Chrysler dealership. He opened the dealership on the same premises as the Ford store.

I have a feeling I got the letter from Chrysler because they now don't want a competing dealer selling their cars. I can't explain it any other way, because we were profitable, independent and had the business moving in the right direction.

I'm lucky my Ford store is so strong. I feel for the dealers that didn't have another franchise to fall back on. I hope those guys are fighting and get their pound of flesh from somewhere.

Not one of my employees is going to get laid off. They'll all go to the Ford store, even if I have to pay out of pocket. If you don't have good employees, you don't have a business." - as told to Emily Maltby

NEXT: Claxton Chrysler, Dodge and Jeep

Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
LAST UPDATE: May 18 2009 | 5:30 PM ET
Sponsored by
More Galleries
5 startups that are reimagining the world Bricks that grow from microorganisms, household garbage turned into art, three-wheeled bike-cars -- these startups are redefining urban living. More
Blue collar entrepreneurs These five entrepreneurs took their blue collar experience and used it to launch innovative businesses. More
7 lifehacks to eliminate your holiday hassle Whether curating the perfect gift or finding a pet-sitter, these startups offer time-saving services that might just seem like holiday magic. More
Sponsors