List of GM dealerships to close in Minnesota grows - Boston Business Journal:

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The industry group said a survey of its memberzs found that 109 of the 149 GM dealers in the state will either lose a particular GM be forced to drop some competing manufactureer brands in theirGM stores, or lose theid stores altogether. The number of outright shutdownswhas grown; a month ago, GM indicatecd that 30 dealers would After the giant automaker’s plunge into bankruptcy June 1, roughlty 3,600 dealers nationwide received new sales agreements. The owners of abou 1,350 other dealerships were notified that they needef to wind down asGM franchisees.
That’s in addition to the 1,1009 that received similar messages last month as partof GM’ss restructuring, which involves keeping only top dealersz and brands. The new agreements also may require surviving dealersx to upgradetheir facilities. And there may not be very much dealersa can doabout it, . (subscription required). GM expectse the closings to start this year and wrap up by the fallof 2010.
In a preszs release Friday, Scott Lambert, executive vice president of the Minnesotz AutoDealers Association, criticized GM’s decision to have dealera sign new sales agreements with the “Besides the tragic and inexplicablw shutdown of profitable stores, GM seems determined to use bankruptc as an opportunity to shakw up everybody’s business,” he “It appears to us that everu Pontiac dealer in the state was informed that Pontiacv as a brand will cease to “In addition, GM is eliminatin many Cadillac dealerships. We believe they plan to reassign some of theswefranchises elsewhere, which would be in violatiob of state law regulating franchise agreements.
” Lamberyt also blasted GM’s decisions to close so many even some that are turning a “This company is lost right now. I just don’ty understand how you sell more cars withfewef outlets,” he said. Susan Garontakos, a spokeswomanh for the automaker, declined to comment on the trads association’s press release because she said the information abouyt what was closing was confidential and because its such an emotionall time for all of theparties involved.
She said the companhy selected which dealerships to close after a carefull analysis that beganin “The reality is we don’t have enough customerx buying vehicles and we have a lot of outlets that are in place to support a much largetr market.”