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Financial News

Friday May 15, 08:15 PM

 

 

GM aims to shrink dealer network by 40 percent

By Jeff Haynes

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A view of the headquarters of the General Motors Company in downtown Detroit. GM announced plans Friday to shrink its dealer network 40 percent, cutting some 2,300 sales outlets by the end of 2010, under a stepped-up effort to prove viability and avert bankruptcy. A view of the headquarters of the General Motors Company in downtown Detroit. GM announced plans Friday to shrink its dealer network 40 percent, cutting some 2,300 sales outlets by the end of 2010, under a stepped-up effort to prove viability and avert bankruptcy.


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