Lawrence’s Chevrolet dealership is in negotiations to remain open, despite previously being placed on a list of dealerships that would lose its franchise as part of General Motors’ bankruptcy reorganization.
“We’re in the category that has been called to say that we’re in the process of being reinstated through a negotiation situation,” said Miles Schnaer, president of Crown Chevrolet. “My attorney and their attorney are talking daily.”
But Schnaer said a deal has not yet been reached.
Earlier this month, about 660 GM dealers, who previously had been told they would have to close, reportedly received letters from General Motors that they may be allowed to remain open. Other dealers are working to stay open by filing for arbitration.
Schnaer said he had signed a confidentiality agreement with General Motors that prohibited him from discussing in detail the process that he is going through.
Schnaer operates both Crown Chevrolet and Crown Toyota at 3400 S. Iowa.
“Our presence in Lawrence is sound, and it is going forward,” Schnaer said. “We’re in business now and will continue to be here with Crown Toyota for sure, and my expectations are that Crown Chevrolet will be here, too.”
Schnaer said he didn’t have a definite timetable on when the matter with GM would be resolved. General Motors last year notified about 2,000 dealerships their franchise agreements would not be renewed. Most of those franchise agreements expire in October.