Go Back   DealershipForum.com > Domestic Franchises and Independent Dealers > General Motors > Sales


Thread Tools Display Modes
Old 06-08-2010, 02:34 PM   #1
Join Date: Nov 2007
Posts: 14,869
Default GM expects to reinstate 900 dealers in total

News reports indicate GM officials are estimating they'll reinstate 900 dealers - almost half of the 2,000 dealers that were terminated as part of GM's bankruptcy. For the full report - click here

GM made headlines across the U.S. when they offered to reinstate 661 dealers in an effort to settle arbitration cases. It appears they're going to settle an additional 200+ arbitration cases by offering to reinstate dealers bringing the total reinstatements to 900.

Chrysler, by contrast, claims to have offered 86 reinstatements but the terms of the LOI were so restrictive that few dealers accepted Chrysler's offer. (Chrysler's never named the 86 dealers who received a LOI so it's difficult to know how many accepted their offer.)
XDCX is offline   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Did GM reinstate any dealers that were dualed? XDCX Sales 0 06-16-2010 08:30 AM
NADA Chairman will urge Chrysler to reinstate dealers XDCX Sales 7 03-25-2010 10:31 AM
GM is down to 800 Pontiacs and 900 Saturns in inventory? XDCX Sales 3 01-07-2010 11:09 AM

All times are GMT -7. The time now is 05:05 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016