GM Ends Dealership Restructuring
19 Jun 2009, 13:40 UTC · By: Daniel Patrascu / Bankrupt American manufacturer GM announced yesterday it has completed the restructuring process of its dealership network. According to the company, only 30 of its dealers have declined to sign agr...
Saab US Dealers Asked to Sign by Friday
16 Jun 2009, 07:21 UTC · By: Daniel Patrascu / GM has asked its 220 US based Saab dealers to sign a proposed agreement by Friday, a clear indication that GM's Swedish brand is on the verge of a sale. This will not mean though that all the d...
GM Plans to Keep 95 Percent of Eligible Dealers
15 Jun 2009, 10:50 UTC · By: Bogdan Popa / In spite of the massive dealership cut announced by General Motors some weeks ago, the company's CEO Fritz Henderson recently revealed that more than 95 percent of eligible GM dealers will rema...
NADA: Cutting Dealers Is Not the Way
15 Jun 2009, 10:42 UTC · By: Daniel Patrascu / The grim prospects for dealerships, resulted from the bankruptcy process in which two of the biggest US manufacturers are involved, have been a reason for debate for a long time now. It is likely th...
KTM X-Bow Expands in England
12 Jun 2009, 11:45 UTC · By: Daniel Patrascu / Business seems to be good for the Austrian manufacturer KTM, as the company has signed a new agreement with UK's national sales and service network for its X-Bow vehicle. Dick Lovett has now be...
GM Gives Up on Closing Some Dealers
11 Jun 2009, 09:46 UTC · By: Daniel Patrascu / GM came back on its decision to close some of its dealerships and is now reviewing the list of those targeted to be terminated. Up until now, GM has reversed its decision for some 30 dealerships, wi...
GM Dealers to Receive Participation Letter
10 Jun 2009, 13:14 UTC · By: Daniel Patrascu / As a result of the new Participation Letter Agreement between GM and its dealers, the American manufacturer will send out today, via Federal Express, 4,100 addendum letters to its surviving dealers,...
Penske to Ask Saturn Dealers to Continue
9 Jun 2009, 12:49 UTC · By: Daniel Patrascu / The almost last minute save of GM's brand Saturn from the projected extinction by Penske also means a breath of fresh air for Saturn's dealers. According to a report by Autonews, Saturn�...
NADA Commends GM, Does Not Endorse Agreement
9 Jun 2009, 10:57 UTC · By: Daniel Patrascu / Following the agreement reached on Monday between General Motors and the National Automobile Dealers Association (NADA), the parties involved raced each other in issuing praising statements. Accordi...
GM, Dealers Reach New Agreement
9 Jun 2009, 06:47 UTC · By: Bogdan Popa / General Motors and the National Automobile Dealers Association reached a new agreement on Monday night over the franchise terms for the dealers the American manufacturer plans to keep in business af...
NADA Asks GM Not to Release Dealer List
8 Jun 2009, 12:34 UTC · By: Daniel Patrascu / The National Automobile Dealers Association (NADA) has made an unexpected move late last week as it asked General Motors not to give the Congress the list of dealerships to be terminated, largely du...
GM Begins Cadillac Dealerships Hunt
8 Jun 2009, 12:32 UTC · By: Daniel Patrascu / The painful restructuring process GM has to go through during bankruptcy protection may prove to be even more destructive to its dealers, and that's no longer a secret. But the bulk of that pai...
GM Forced to Disclose Dealerships Targeted for Closing
4 Jun 2009, 10:02 UTC · By: Bogdan Popa / Although General Motors initially planned to keep the names of dealerships to be rejected away from public eyes, the American automaker might be forced after all to reveal the list of closed stores....
Mazda to Double European Dealerships in 2009
4 Jun 2009, 09:00 UTC · By: Bogdan Popa / While General Motors and Chrysler are massively cutting the overall dealership count in their domestic market, Mazda things it would be a great idea to appoint new dealers that would support its Eur...
GM Could Close Another 450 US Dealers
3 Jun 2009, 12:31 UTC · By: Bogdan Popa / Just after the company has stepped under Chapter 11 protection and announced the closure of several production facilities, General Motors is getting ready to announce another restructuring measure. ...
Aston Martin Opens Lyon Dealer...
28 May 2009, 12:16 UTC · By: Daniel Patrascu / ...and now there's four of 'em. British manufacturer Aston Martin seems to be doing extremely well on French soil, as it now opens its fourth dealership in the Rhone-Alpes region in France...
Dealers' Armageddon: 789 Legal Complaints against Chrysler
19 May 2009, 12:32 UTC · By: Bogdan Popa / As we told you last week, Chrysler announced that no more than 789 dealers will be rejected in the United States, which means that, according to a statement by NADA, 40,000 employees will be affecte...
789 Cadillac Men
18 May 2009, 09:32 UTC · By: Daniel Patrascu / The closing of the 789 dealers Chrysler has already announced may spawn a salesman/woman offensive, as there are around 40,000 vehicles to be sold, as soon as possible. If they don't, within a ...
NADA on GM Dealership Cut: Sad and Disappointing
18 May 2009, 08:43 UTC · By: Bogdan Popa / Following GM's announcement that it will reject around 1,100 dealerships by the end of 2010, the National Automobile Dealers Association described the decision as sad and disappointing, especia...
After Chrysler, GM Starts Killing Dealers Too
17 May 2009, 07:27 UTC · By: Bogdan Popa / Just as we told you in a previous report, as part of a broader campaign to reduce costs and tackle the economic recession, General Motors plans to get rid of more than 1,000 dealerships. Well, the m...