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

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It was the first definitive statement of exactlty how many GM dealers in the state were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimatedc the number at 13 to 15 based on reportxfrom dealers. GM still is not releasing the namese ofthe 1,323 dealers it plans to drop including the 15 in The information came in a list released by the House Energhy and Commerce Committee's Subcommittee on Oversight and Investigations, bases on information provided by GM. Executives of GM and which plans to shed 14 Colorado testified before Congress abouyt their dealerplans Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saab, Saturjn and Hummer. It has some 6,000 dealershipws nationwide. Letters sent in mid-May to GM dealersa the company plannedto drop, a copy of whichn was obtained by the Denver Businesx Journal, said the automaker reviewed each of its dealers' salea volume, profitability, capitalization, location and facilities alontg with other "market patterns." . "Based on our reviewe and current and foreseeable marke t conditions andyour dealership's historical we do not see that GM can have a productive busineses relationship with [name of dealership] over the long term," said the dated May 14.
About 92 of Colorado's 264 auto dealershipsx sell one or more GM said Tim Jackson of the state autodealere group. Additional dealers may lose theirffranchises later, GM has