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GM to force more than 1,000 dealers to close (immediately -- and 1,600 more by 2010)
Associated Press ^ | April 28, 2009 | Tom Kirsher

Posted on 04/28/2009 12:46:15 PM PDT by Zakeet

General Motors Corp. told its dealers Tuesday that it will force 1,000 to 1,200 underperforming locations to close their doors as the automaker tries to thin dealer ranks to make the remaining outlets more profitable.

GM told the dealers about the plan in a video conference, according to a dealer who spoke on condition of anonymity because the video conference was private. It is part of the company's plan announced Monday to cut more than 2,600 dealers by 2010.

The company expects to lose 500 Hummer and Saturn dealers when those brands close or are sold, and it expects 400 dealers to close voluntarily. Another 500 would be consolidated into other dealerships, according to the dealer.

GM said Monday that it also would eliminate its Pontiac brand, but there are only 27 dealers that sell just Pontiacs, according to the National Automobile Dealers Association. Most Pontiac dealers also sell Buick and GMC vehicles at the same location.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: automakers; bailout; dealerships; economy; generalmotors; gm
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GM is going from 6,246 to 3,605 dealerships and shedding 137,330 dealership employees under my brilliant leadership.

1 posted on 04/28/2009 12:46:15 PM PDT by Zakeet
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To: Zakeet

i’ll never buy gm again.


2 posted on 04/28/2009 12:47:01 PM PDT by ken21 (the only thing we have to fear is fdr deja vu.)
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To: Zakeet

How long B4: “Women and minorities hardest hit” ?


3 posted on 04/28/2009 12:48:24 PM PDT by A_Former_Democrat
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To: Zakeet

The US taxpayer loans to GM will be used to pay off GM dealers who go out of business..


4 posted on 04/28/2009 12:48:57 PM PDT by ken5050 (Obama wants a 900% tax on Aspirin. Why, you ask? It's white, and it works...)
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To: Zakeet

So, with all these dealerships closing, what happens to all the cars?


5 posted on 04/28/2009 12:50:04 PM PDT by Lucky9teen (Redneck Radicalized Right-Wing Extremist NOW RECRUITING - see Constitution for details!)
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To: ken21

You are going to be stuck buy either Ford, Toyota, Honda or some European brand.

As for those upset UAW guys....remember, they had various opportunities to get something worked out.


6 posted on 04/28/2009 12:50:05 PM PDT by pepsionice
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To: Zakeet
I personally intend to boycott Government Motors, Inc.

This includes any automaker that accepts a single cent from President Mussolini.

7 posted on 04/28/2009 12:50:32 PM PDT by E. Pluribus Unum (Islam is a religion of peace, and Muslims reserve the right to kill anyone who says otherwise.)
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To: Zakeet

Someone help me out here. Is an auto dealer subsidized by the manufacturer? I always assumed it was like a franchisee. The more, the better.


8 posted on 04/28/2009 12:50:59 PM PDT by brownsfan (Kool aid comes in two new flavors: Hope and Change.)
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To: ken21
i’ll never buy gm again.

Sure you will. You just won't be taking delivery of a GM automobile.

9 posted on 04/28/2009 12:51:04 PM PDT by umgud (I'm really happy I wasn't aborted)
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To: Lucky9teen

Fire Sale!!!


10 posted on 04/28/2009 12:51:20 PM PDT by Dr. Ursus
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To: ken21
GM will be the “official fleet supplier” for all Gubment run banks, newspapers, magazines, health care providers, and welfare recipients. Senators and Congresspukes will be exempt from the edict.
11 posted on 04/28/2009 12:51:39 PM PDT by gathersnomoss (General George Patton had it right.)
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To: ken21
i’ll never buy gm again.

Nor will I - and I was a loyal GM customer.

12 posted on 04/28/2009 12:53:49 PM PDT by SaveTheChief (Obama lied, America died.)
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To: Lucky9teen

I have a feeling that we may be able to get cars cheap, if anyone still has a job or there is an economy left.


13 posted on 04/28/2009 12:54:48 PM PDT by fuzzybutt
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To: gathersnomoss

It takes a certain administrative cost on the part of GM to keep each dealer..plus the larger number of dealers increase the cost of coop advertising, training etc.
They are hoping the the remaining dealers will be larger and stronger, but product support could suffer.
We are selling our GMC 2500 diesel. Will switch to smaller mid size pickup. Or maybe a f150.


14 posted on 04/28/2009 12:55:09 PM PDT by Oldexpat
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To: ken21

I have bought GM exclusively since 1980, but sadly no more. I refuse to buy from a government-run entity.


15 posted on 04/28/2009 12:55:28 PM PDT by CobraJet
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To: SaveTheChief

I won’t either & I just bought a brand new HHR Chev last July. Last car I’m buying under government control.


16 posted on 04/28/2009 12:57:53 PM PDT by jrcats
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To: ken5050
The US taxpayer loans to GM will be used to pay off GM dealers who go out of business

You mean if there's any left after the UAW gets their cut.

17 posted on 04/28/2009 12:58:52 PM PDT by Graybeard58 (Selah)
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To: Zakeet

“GM is going from 6,246 to 3,605 dealerships and shedding 137,330 dealership employees under my brilliant leadership.”

That’s ok. He can save these jobs for a rainy day.


18 posted on 04/28/2009 12:59:44 PM PDT by EQAndyBuzz (The time has come to tell the salmon-eating international busybodies to mind their own business.")
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To: Zakeet

What a shame this is...

My favorite dealer in the area is a Hummer, Saturn & Saab dealer...WHOOPS! They just built a brand new facility about two years ago...I sure hope their attorney was able to cover them on that one!


19 posted on 04/28/2009 1:00:52 PM PDT by The Unknown Republican
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To: A_Former_Democrat
How long B4: “Women and minorities hardest hit” ?

Do you mean "before"?

20 posted on 04/28/2009 1:03:16 PM PDT by Isabel C.
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