The General of Motors Is Sending 1,100 Battalions On Permanent Furlough
May 15, 2009 | Macomb, Michigan | Vetting explained
General Motors today announced it would inform about 1,100 dealers — or 18% of its 5,969 stores — that the automaker no longer “sees them as part of its dealer network on a long-term basis
This process starts today, as GM begins contacting dealers regarding its long-term planning,” the company said in a statement.
GM said that, in most cases, existing franchise agreements run through October 2010.
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