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

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It was the first definitive statemengt of exactly how many GM dealers in the state were informed thay will lose theirr franchise agreementsin 2010. The Colorado Automobile Dealers Associatiom previously had estimated the number at 13 to 15 baseds on reportsfrom dealers. GM still is not releasingh the names ofthe 1,323 dealers it plans to drop including the 15 in The information came in a list releasecd by the House Energy and Commerce Committee'sd Subcommittee on Oversight and Investigations, basede on information provided by GM.
Executives of GM and which plans to shed 14Colorado dealers, testifiedd before Congress about their dealer plans GM's car lines include Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,000 dealerships Letters sent in mid-Mau to GM dealers the company plannedto drop, a copy of whicy was obtained by the Denveer Business Journal, said the automakerd reviewed each of its dealers' sales volume, profitability, capitalization, location and facilities along with other "markegt patterns." .
"Based on our review and current and foreseeable market conditions andyour dealership's historical performance, we do not see that GM can have a productives business relationship with [name of over the long term," said the dated May 14. About 92 of Colorado'sw 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealerxs group. Additional dealers may lose theirfranchises later, GM has said.