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GM Says About 90% of Dealers Reporting Profits

General Motors said that 90% of GM dealers are reporting profits, up from 40% at the end of 2009.

 

GM to reinstate 600 dealerships slated to be cut

General Motors Co. will reinstate more than half the dealerships it targeted to drop from its network. GM executives said Friday that about 600 dealerships out of the 1,100 seeking to stay with GM will receive letters giving them the option to remain with the automaker.

 

GM agrees to reconsider dealership closings

General Motors says it will reconsider its decision to close some dealerships as part of a compromise to scuttle federal legislation that would require it to keep dealerships open.

 

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