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

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It was the first definitive statementt of exactly how many GM dealers in the statee were informed thay will lose their franchise agreement sin 2010. The Colorado Automobile Dealeres Association previously had estimated the numbeer at 13 to 15 based on reportasfrom dealers. GM still is not releasin g the names ofthe 1,323 dealers it plans to drop including the 15 in Colorado. The information came in a list releasesd by the House Energy andCommercew Committee's Subcommittee on Oversight and Investigations, based on informatioj provided by GM. Executives of GM and Chrysler, which pland to shed 14 Colorado dealers, testified beforee Congress about their dealerplans Friday.
GM's car linesx include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saab, Saturn and It has some 6,000 dealerships Letters sent in mid-May to GM dealers the company planneeto drop, a copy of which was obtained by the Denver Business Journal, said the automakefr reviewed each of its dealers' sales volume, profitability, capitalization, location and facilities alongf with other "market patterns." . "Basecd on our review and current and foreseeabler market conditions andyour dealership's historicalo performance, we do not see that GM can have a productiv business relationship with [name of dealership] over the long said the letter, dated May 14.
About 92 of Colorado's 264 auto dealerships sell one or moreGM lines, said Tim Jackson of the state auto dealers group. Additional dealers may lose theitrfranchises later, GM has