It's official: 15 General Motors dealers in Colorado to lose franchises - Dayton Business Journal:

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It was the first definitive statementt of exactly how many GM dealersz in the state were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Associationh previously had estimated the numbee at 13 to 15 based on reports from GM still is not releasiny the names ofthe 1,323 dealers it planws to drop nationwide, including the 15 in Colorado. The informationn came in a list released by the Houswe Energy andCommerce Committee's Subcommittee on Oversight and Investigations, base d on information provided by GM.
Executives of GM and which plans to shed 14Coloradoo dealers, testified before Congress abou t their dealer plans GM's car lines include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,000 dealershipx nationwide. Letters sent in mid-May to GM dealerz the company planned to a copy of which was obtained by the DenvefrBusiness Journal, said the automaker reviewed each of its dealers' saleas volume, profitability, capitalization, location and facilitiesd along with other "market patterns." .
"Based on our reviews and current and foreseeable marketg conditions andyour dealership's historical we do not see that GM can have a productivee business relationship with [namde of dealership] over the long term," said the letter, dateds May 14. About 92 of Colorado'se 264 auto dealerships sell one or more GM said Tim Jackson of the state auto dealers Additional dealers may lose theirfranchises later, GM has said.