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  • Treasury IG to review GM, Chrysler dealer closings

    Sep 24th, 2009 - Boston

    WASHINGTON—The inspector general for the Treasury Department's $700 billion bailout fund said Thursday that he will review the decisions of General Motors and Chrysler...

  • GM Bankruptcy Begins, NY Dealer Files

    Jun 1st, 2009 - The Huffington Post

    NEW YORK (AP) -- A General Motors dealership in New York filed for bankruptcy protection Monday, beginning the wave of court filings expected as the automaker files for legal protection to complete its reorganization.

  • GM in Bankruptcy May Speed Dealer Cuts to Match Chrysler's Pace

    May 15th, 2009 - Bloomberg

    May 16 (Bloomberg) -- General Motors Corp.’s plan to slashits dealer network by the end of 2010 may accelerate, matchingthe pace set by Chrysler LLC, in a bankruptcy the biggest U.S.automaker says is probable. GM began telling 1,100 U.S...

  • GM to shed 1100 dealers today

    May 15th, 2009 - Los Angeles Times

    General Motors Corp. has begun notifying 1,100 of its dealers that it will not renew their franchise contracts today, effectively pushing out nearly 20% of its distribution network. The news...

  • GM to cut up to 1200 US dealers: source

    May 15th, 2009 - Reuters

    DETROIT (Reuters) - General Motors Corp plans to eliminate up to 1,200 U.S. dealerships, which are expected to begin receiving notices from the embattled automaker as soon as Friday...

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