General Motors has decided to reverse its decision on closing 41 of the 2,100 dealerships it plans to close during its bankruptcy process. The move comes after a group of influential Congress members introduced a bill to try to force GM and Chrysler to keep dealers open.
Federal bankruptcy judge Arthur Gonzalez approved Chrysler’s bid to close 789 U.S. dealerships, or 25 percent. No word yet, whether Congress will be able to force the reopening of some of those closed dealerships.
GM is looking to close 3,500 of its 6,200 dealers by the Oct. 31, 2010.
If you enjoyed this post, feel free to subscribes to our rss feeds














