Thursday, April 16, 2009

I said it was a dealer problem for GM

On April 1, I posted Re: GM It's the dealers . . .blablabla
Today I got this.
Wall Street Breakfast: Must-Know News -- Seeking Alpha: "General Motors (GM) is accelerating its timetable for closing around 1,700 dealerships, said sources familiar with the matter, as it tries to meet a June 1 restructuring deadline. Around 200 dealerships were already closed in the first quarter"

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