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Van Hollen Statement on the Auto Dealers Provision of the Financial Services Appropriations Conference Report


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Washington, Dec 8, 2009 -

Today Congressman Chris Van Hollen (D-MD) issued the following statement on the automobile dealers provision of the FY 2010 Financial Services Appropriations Conference Report:

“I am very pleased that language has been included in the Financial Services Appropriations Conference Report that will give terminated automobile dealers a fair and reasonable shot at getting back into business.  For the past several months, I have been pleased to join with Majority Leader Hoyer, Congressmen Kratovil and Maffei, and others to ensure that profitable car dealers have every opportunity to contribute to our economic recovery and put their employees back to work. 

“Profitable dealers should have never been terminated in the first place, and I was proud to join the fight to have these short-sighted decisions reversed.  Automobile manufacturers won’t be able to get back on their feet without a strong dealer network, and Congress is committed to ensuring that such a network exists.  I salute the tenacity and determination of these small business owners, many of whom have been selling cars and supporting the American auto industry for decades.  Under the provision approved tonight, these terminated dealers will have an opportunity, once again, to do what they do best – sell cars.  And that is good for our economy, for job creation and for the American car industry.”  

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