Week in review

Krekorian has not entered the race for Greuel’s seat, but in announcing his possible switch to city government, he has positioned himself to declare his candidacy before the June 6 deadline.

“I’ve been approached by many supporters who have suggested that I consider serving the people of the San Fernando Valley in a new capacity, and building on the successes I’ve achieved in the Assembly by running for the Los Angeles City Council,” Krekorian said in a statement. “I am exploring this opportunity to serve, and I am discussing that option with friends and supporters whose outlooks I value to inform what will be a forthcoming decision and announcement.”

If Krekorian chooses to run for the council, he must submit a candidate intention form between July 6 and 11 in advance of a special election that Los Angeles City Clerk June Lagmay has scheduled for Sept. 22.

Rumors of a potential Krekorian move have already stirred interest in his Assembly seat.

Krekorian has established himself as a popular assemblyman who has made important strides in helping the entertainment industry, said Lee Wochner, founding president of the Burbank Democratic Club and a delegate for the California Democratic Party’s executive board.

The California Republican Party would also be interested in the possible vacant seat, especially because it might bring about a special election, for which Republicans typically have a higher voter turnout than Democrats, spokesman Kevin Roberts said.

BUSINESS

A day after Star Chrysler-Jeep lost its ability to sell and service new Chrysler vehicles, a team of drivers Wednesday rolled the last of the dealership’s new cars off the Brand Boulevard lot.

For now, the dealership will sell used cars as it sets out to find a new identity.

As part of a bankruptcy restructuring plan for the Auburn Hills, Mich.-based automaker, the dealership will no longer be allowed to sell new Chryslers or conduct warranty service, Chrysler spokeswoman Carrie McElwee said.

Star Chrysler-Jeep had opposed the move, but a New York bankruptcy judge accepted Chrysler’s proposal Tuesday to reject 789 dealership contracts, allowing the company to trim a quarter of its dealership network and save about $1.4 billion over four years.

The dealership was one of two Chrysler outlets in Glendale, but was singled out for contract termination. Glendale Dodge will continue to operate as a Chrysler dealership.