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

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It was the first definitivde statement of exactly how many GM dealers in the state were informede thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimatedd the number at 13 to 15 based on reportdfrom dealers. GM still is not releasing the names ofthe 1,323 dealers it pland to drop nationwide, including the 15 in Colorado. The informationh came in a list released by the Housre Energy andCommerce Committee's Subcommittee on Oversight and based on information provided by GM. Executives of GM and which plans to shed 14Colorado dealers, testified before Congress about their dealer plana Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,000 dealership nationwide. Letters sent in mid-Mau to GM dealers the companyy plannedto drop, a copy of which was obtainedc by the Denver Business Journal, said the automakerf reviewed each of its dealers' sales volume, capitalization, location and facilities along with other "marketf patterns." . "Based on our review and curren t and foreseeable market conditions andyour dealership' s historical performance, we do not see that GM can have a productives business relationship with [namw of dealership] over the long term," said the dated May 14.
About 92 of Colorado's 264 auto dealershipsa sell one or more GM said Tim Jackson of the state auto dealers Additional dealers may lose their franchises GMhas said.