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GM Dealerships Notified Of Closures

May. 15, 2009
NEW YORK (CNNMoney.com) -- General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in an even deeper 40% cut in its retail network. GM spokeswoman Susan Garontakos said that the dealers receiving notice...
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GM to close 1,100 dealerships

GM to close 1,100 dealerships

DETROIT, May 15 (UPI) -- U.S. auto giant General Motors Corp. said Friday it would severe ties with 1,100 car dealerships, a day after Chrysler cut 789 outlets.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch