Rock, meet hard place. With General Motors handed a directive from the White House to be ultra-aggressive in its restructuring in order to secure more government loans, the automaker is making cuts everywhere and dealers are far from immune. As reported previously, GM's plan to shrink its retailers from nearly 6,300 to 3,700 by the end of 2010 is going to be as painful as a Civil War amputation. Initially, General Motors will deny franchise renewal to dealerships that don't measure up on metrics
Robert Farago of TheTruthAboutCars.com (TTAC) has checked in with General Motors Death Watch 60, in which he discusses how General Motors' possible filing for bankruptcy would adversely affect the Ford Motor Company, as the two automakers utilize many of the same suppliers. After systematically discussing GM’s numerous problems (product, the UAW, leadership, etc.), Farago concludes bankruptcy would lead to the emergence of a leaner, more competitive GM... a co
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