Wednesday, June 3, 2009

GM Sends Ultimatums to All Dealers: Follow our New Rules or Else.

Can he teach the old dog new tricks?

Meanwhile, Robert Schoenberger reports on the site that GM sent ultimatums to all of its 6,000 U.S. dealers on Tuesday: "follow our new rules or face almost immediate franchise cancellations in court." "For the 2,000 dealerships targeted to lose their franchises, GM said it would soften the blow if those retailers don't oppose the automaker's restructuring plan. "

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