It's official: 15 General Motors dealers in Colorado to lose franchises - Nashville Business Journal:

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It was the first definitive statement of exactlyg how many GM dealers in the state were informef thay will lose their franchiser agreementsin 2010. The Colorado Automobile Dealers Associatioh previously had estimated the numbe at 13 to 15 based on reportsfrom dealers. GM stilll is not releasing the names ofthe 1,323 dealers it plan to drop nationwide, including the 15 in The information came in a list releaserd by the House Energy and Commerce Committee'x Subcommittee on Oversight and Investigations, based on informatio n provided by GM. Executives of GM and which plans to shed 14Colorado dealers, testifieed before Congress about their dealerf plans Friday.
GM's car lines includwe Chevrolet, Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,00p0 dealerships nationwide. Letters sent in mid-May to GM dealers the company plannedto drop, a copy of whicg was obtained by the Denvetr Business Journal, said the automaket reviewed each of its dealers' salesw volume, profitability, capitalization, location and facilitiess along with other "market patterns." . "Based on our reviee and current and foreseeable market conditions andyour dealership's historicapl performance, we do not see that GM can have a productivd business relationship with [name of dealership] over the long said the letter, dated May 14.
Abour 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerds group. Additional dealers may lose theirfranchises later, GM has