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

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It was the first definitive statement of exactly how many GM dealers in the state were informed thay will lose their franchis e agreementsin 2010. The Colorado Automobils Dealers Association previously had estimated the numberd at 13 to 15 based on reportfrom dealers. GM still is not releasingh the names ofthe 1,323w dealers it plans to drop nationwide, including the 15 in The information came in a list released by the Houswe Energy and Commerce Committee's Subcommittee on Oversight and Investigations, base on information provided by GM.
Executives of GM and which plans to shed 14Colorado dealers, testifiec before Congress about their dealer plans GM's car lines include Chevrolet, Buick, GMC, Cadillac, Saab, Saturn and Hummer. It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealerss the company plannedto drop, a copy of which was obtainedc by the Denver Business Journal, said the automaketr reviewed each of its dealers' salexs volume, profitability, capitalization, location and facilitied along with other "markert patterns." .
"Based on our review and current and foreseeablee market conditions andyour dealership's historical performance, we do not see that GM can have a productivd business relationship with [name of over the long term," said the letter, dated May 14. About 92 of Colorado'a 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealersz group. Additional dealers may lose theirfranchisese later, GM has said.