Will GM be Able to Close 2000+ Dealerships?

Part of GM’s restructuring plan calls for reducing their massive network of 6,200 dealers by 25 percent.

Few will argue the logic behind that thinking. The ones who will argue are the dealers in that unfortunate 25 percent, a group who will very likely make life even more difficult for GM.

In fact, it’s happening already. According to the Detroit Free Press, Alabama dealership Abercrombie Chevrolet is suing GM and GMAC, claiming a conspiracy by the two to break its franchise agreement “in an effort to shut down dealers and avoid paying franchise buyout fees.”...Continued