2 Colorado Chrysler Dealers Win at Arbitration

Two Denver-area auto dealers that Chrysler Group had sought to drop as part of a massive reorganization have won at arbitration, Forbes.com reported.

Medved Autoplex in Castle Rock and the Phil Long Jeep-Chrysler dealership in Denver would rejoin Chrysler's dealer network if they meet standard requirements for dealers, Chrysler said.

"That's outstanding news," Colorado Automobile Dealers Association President Tim Jackson said.

Dealership representatives weren't immediately available for comment Monday, but Jackson said he expected both dealerships would try to rejoin Chrysler's network.

Chrysler said the Medved dealership in Jefferson County lost at arbitration. Earlier, the automaker won cases involving two other Colorado dealers and settled with King Auto Group in Longmont.