
GM, Chrysler News: Dealerships closing list
By: Peter Chubb | May 15, 2009 | 32 CommentsGeneral Motors (GM) and Chrysler LLC have now issued their closing list of dealerships, and will total 3,200. General Motors spokesman, Tom Wilkinson said that these dealerships will be notified, and that no list would be made public.
The Frederick News Post Online said that GM is planning to consolidate 2,400 dealerships nationwide. Spokeswoman for Chrysler, Kathy Graham has said that they plan to cut 789 dealers, which works out to be 25 percent of its retails sites. A few of those have now been made public, such as Don Phillips Jeep and Fitzgerald Auto Mall.
Phillips has said that the closing of these dealerships will eventually create a drop in revenue for the economy. Phillips also added that Chrysler does not have the power to close these dealerships, which is something that the bankruptcy court will have to look in to.
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