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To: Ben Ficklin

Have you seen a list of GM closings either in Texas or nationwide. I’ve not seen one that was complete. This one over at Huffington is far from being complete: http://www.huffingtonpost.com/2009/05/15/gm-dealer-closing-list-se_n_203860.html and has some seven Texas stores listed.

One local owner was quoted in an article I read where he was asked about being concerned his store would be closed. He replied no because GM had some 1250 stores across the nation that sold less than 50 vehicles each in 2008 thus he expected most to the first round to come from that group.


34 posted on 06/07/2009 6:56:30 AM PDT by deport
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To: deport
So many of these new car dealers have, for years, been unprofitable, or at a level of profitability that had a ROI lower than a Certificate of Deposit.

They have all been waiting for the shake-out with a lottery mentality. If they win(avoid closing), they will win big.

36 posted on 06/07/2009 7:07:22 AM PDT by Ben Ficklin
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