GM Dealer Closing List
GM Dealer Closing List - Yesterday, we had news about Chrysler Dealerships closing. Well, now it seems it is the turn of GM, a company that today announced they will be closing 1,100 dealers all across America!
The amount of GM dealerships closing accounts for 18% of the company’s American network. The reason for closing is that these dealerships are not performing as they should according to GM. Of course, dealers are having tough times this week.
One dealer was quoted saying:
“The not knowing is what makes everybody nervous. You just don’t know where you stand,”
GM has also said that they plan on reducing the dealer count to 42% next year. The full GM Dealer closing list is expected to be released to the press today. We’ll keep you updated as we have more news.
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