![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
Mar. 7th, 2010
GM PLANS TO REINSTATE HUNDREDS OF DEALERS
SOUTHFIELD, MICH. — General Motors plans to reinstate 661 dealers and may enter arbitration with as many as 400 outlets as the automaker attempts to stem declines in U.S. market share...
...The company began to re-evaluate the closing of 1,100 retailers after Congress passed a law in December to give GM dealers who lost or were scheduled to lose franchises the right to hearings. The binding arbitrations may reverse the automaker’s termination decisions...
...Chrysler, which targeted 789 dealers for closing, is also bound by the law. Chrysler’s arbitration isn’t expected to begin until late this month or early April, said Kathy Graham, a spokesperson.
So the government (under both the Republicans and the Democrats) gave GM and Chrysler huge bailout packages to keep them alive, and now they're going to legislate them out of business by forcing them to keep their unrealistically large dealer networks intact?
I'm generally very left-leaning, but even I have to call bull!&%@ on this one.
SOUTHFIELD, MICH. — General Motors plans to reinstate 661 dealers and may enter arbitration with as many as 400 outlets as the automaker attempts to stem declines in U.S. market share...
...The company began to re-evaluate the closing of 1,100 retailers after Congress passed a law in December to give GM dealers who lost or were scheduled to lose franchises the right to hearings. The binding arbitrations may reverse the automaker’s termination decisions...
...Chrysler, which targeted 789 dealers for closing, is also bound by the law. Chrysler’s arbitration isn’t expected to begin until late this month or early April, said Kathy Graham, a spokesperson.
So the government (under both the Republicans and the Democrats) gave GM and Chrysler huge bailout packages to keep them alive, and now they're going to legislate them out of business by forcing them to keep their unrealistically large dealer networks intact?
I'm generally very left-leaning, but even I have to call bull!&%@ on this one.