5 of 7
Buddy Jones Chrysler, Dodge and Jeep
Buddy Jones Chrysler, Dodge and Jeep
The Buddy Jones Chrysler dealership in Greenwood, Miss. Owner James "Buddy" Jones also has a Ford dealership across the street.
Owner: James "Buddy" Jones
Location: Greenwood, Miss.

"We've been in the Chrysler business since 1995, but we have another Ford-Mercury dealership across the street that has been open for 27 years. It's fortuitous that we already anticipated moving our Chrysler employees over to Ford. We're in a good position and we won't look back.

We had no indication there would be a list. After the bankruptcy, we started preparing for the uncertainty by reducing inventory. Maybe that decision played into our being on the list. However, I believe we made the right decision.

But despite our positive situation, it is graceful for Chrysler to not pay for inventories and not pick up parts. That will have a negative impact on the business. We are not the problem. Their investments are their own - the cars and facilities and our investments are strictly our own." - as told to Emily Maltby

NEXT: ABC Motors

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
A sampling of beers being made with traditional Latin flavors A small but growing number of craft breweries are including passion fruit, Mexican cinnamon and other traditional Latin flavors. More
Banks won't lend? Use these guys instead Banks often have exhaustive approval processes, high minimums, and flawless credit requirements. But there's a wealth of non-bank alternatives for those who need capital fast. Here are some of the leaders. More
Facebook launched my startup These entrepreneurs relied exclusively on Facebook, Twitter and Instagram to jumpstart their small businesses. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.