1/3 of GM dealers to close

[renovation]

General Motors has been cutting costs in many ways, and now the company is focusing on its dealerships.

After sales have dropped more than 10 percent last year, the automaker said it is set to close shops.

General Motors officials were meeting with dealers and was expected to discuss the possibility of slashing dealerships by 30 percent in three years.

As part of a $13.4 billion federal loan, Rick Wagoner told Congress the company plans to eliminate 1,750 dealers by 2012.

The company currently has 6,500 dealers across the country-- a number analysts have said is too high.

The closed-door meeting at the Annual National Automobile Dealers Associate Convention this week will help decide which dealers will be affected.
http://www.clickondetroit.com/automo...37/detail.html
this is really needed they sell/make so many look a like cars and brands.

[thresher]

It may be needed, but my goodness think of the loss of jobs. And the dealership network holes for support and maintenance (warranty and other work). Sales aren't the only things that happen at a dealership.