http://www.gmbailout.com Frank discussion on the crisis facing the automotive industry Mon, 27 Apr 2009 22:12:21 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://www.gmbailout.com/2009/01/13/gm-may-close-500-dealers-this-year/ http://www.gmbailout.com/2009/01/13/gm-may-close-500-dealers-this-year/#comments Tue, 13 Jan 2009 06:22:16 +0000 admin http://www.gmbailout.com/2009/01/13/gm-may-close-500-dealers-this-year/ According to Bloomberg, GM has a goal of cutting 1,700 dealerships by 2012. As auto sales plummet, the company has no choice but to close up shops. The Durham, NC GM Cadillac dealership has recently consolidated with the Durham Chevrolet.

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