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US: GM goes ahead with 500 dealer cuts

General Motors has gone ahead and terminated 500 dealership agreements as planned, despite objections from Congress. Automotive News reports GM spokeswoman Ryndee Carney as confirming that all existing dealer agreements expired on 31 October. Those dealers remaining with the OEM have a new five-year agreement that became effective 1 November. In It’s time to log … Continued

General Motors has gone ahead and terminated 500 dealership agreements as planned, despite objections from Congress. Automotive News reports GM spokeswoman Ryndee Carney as confirming that all existing dealer agreements expired on 31 October. Those dealers remaining with the OEM have a new five-year agreement that became effective 1 November.

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