Chrysler Closing Almost 800 Dealerships Nationwide

Chrysler has released a list of 789 dealers — roughly 25% — that the company says it will close by June 9 as part of its Chapter 11 bankruptcy restructuring. The dealers are said to represent 14 percent of Chrysler's sales volume.

"Subject to Court approval, 2,392 Chrysler, Jeep or Dodge dealers will continue with the new company in a global alliance with Fiat once the sale is complete," Chrysler said in a press release.

Chrysler says it will honor warranty and incentive payments for as long as the dealers targeted to close remain in business. Owners who purchased vehicles from any of the 789 closing dealerships will receive notices about where they can get their vehicles serviced after June 9.