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GM confirms smaller dealer network, upgrades in the works

by Sam Abuelsamid (RSS feed) on Aug 6th, 2010 at 6:59PM

In the months leading up to its 2009 bankruptcy filing, General Motors attempted to shut down about one third of its 6,049 dealers that were operating at the time. However, some 1,176 of the 2,046 stores slated for closure weren't ready to quit just yet and filed arbitration claims to try and stay in business. GM has now completed the arbitration process, with 702 dealers reconfirmed to remain in business. For those keeping track, this will leave GM with about 4,500 stores as of the end of this year. Of the remaining dealers, many will be getting upgrades to their showrooms and service... Read More

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