Bob Frederick II doesn’t intend to reopen closed Chrysler dealership

BOARDMAN — Bob Frederick II lost his cars first and now he’s lost his interest in being a car dealer.

Frederick said today that he is exploring other business ventures and doesn’t intend to reopen his closed Chrysler dealership on Market Street.

He said opening a used car dealership would be a fall-back option that he would take only if the other ventures don’t work out. He didn’t want to elaborate on his other options.

He said he has no interest in acquiring another new car franchise because of the financial risk. The uncertainties in the industry today make borrowing money too risky, he said.

For more information, see Tuesday’s Vindicator or www.vindy.com.