Jun 12th, 2009 - ABC News
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House lawmakers put executives from General Motors and Chrysler in the hot seat today as they questioned the wisdom of closing auto dealerships around the country.
"Since American taxpayers now own 60 percent of General Motors," Rep. Greg Walden, R-Ore., said, "we have a right to know just how the decisions affecting our constituents are made."
GM and Chrysler are shedding dealers as they enter bankruptcy and emerge as new companies. This week, 789 Chrysler dealers were shuttered, and a similar fate looms for 1,350 General Motors dealers before the close of next year.
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