Vin Devers settlement reached; details sealed

3/12/2008

Chrysler LLC and Vin Devers Inc. have settled their lawsuits filed in 2006 in U.S. District Court in Toledo that involved alleged inappropriate use of dealer incentives by the Sylvania dealer.

Stipulation papers closing the two cases were filed with U.S. Judge David Katz this week. They disclosed no details of the settlement, which was reached in December, according to court documents.

Last month, Vin Devers sold its Dodge dealership, which it has owned for more than 50 years, to Grogan s Towne Chrysler Plymouth, Inc.