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IPFS News Link • Economy - Economics USA

1000 GM Dealerships Forced Out May 15; Executives Dump Shares

5-13-09 • Michael Shedlock / Mish

The largest U.S. automaker said last month it plans to shrink its dealer network to about 3,600 from the 6,200 outlets it operated at the end of last year as part of the restructuring plan it presented to the Obama administration.

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Reported By Jack Gregson

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1000 GM Dealerships Forced Out May 15; Executives Dump Shares

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