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GM Won't Name Cut Dealers

GM Won't Name Cut Dealers

BOTTOMLINE: Although GM was expected to pull its franchise from 1,200 U.S. dealers Friday, it said it would not release a list of cut dealerships.


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CENTRAL OHIO -- Although GM was expected to pull its franchise from 1,200 U.S. dealers Friday, it said it would not release a list of cut dealerships.

NBC 4 reported with the FAST FACTS.

GM said in a noon statement it would begin contacting dealers Friday.

General Motors was expected to pull its franchise from about 1,200 U.S. dealers Friday after Chrysler announced Thursday it was pulling its franchise from almost 800 dealerships nationwide.

Haydocy Pontiac Buick GMC on the city's west side received notification that it will retain its franchise.

Published reports indicate that Byers Chevrolet was told they have until October to turn things around -- or risk having their dealer's license pulled.

Approximately 1,100 under-performing and very small sales volume U.S. dealers will be advised that GM does not see them as part of its dealer network on a long-term basis, the statement said.

In most cases, existing franchise agreements run through October of 2010, GM said.

In addition, GM said it would be updating about 470 Saturn, Hummer and Saab dealers on the status of those brands.

Specific dealer issues, further attrition and additional possible dealer network actions were expected to bring the number of future GM dealers to around 3,600 by the end of 2010.

Dealerships will make their own decisions if and when they want to make this information public, GM said. It will not release the names of any dealers.

“We are not terminating any dealerships today,” said Mark LaNeve, GM vice president of sales service and marketing.

There wasn’t any word yet on how many Central Ohio GM dealerships will be affected.

GM has a Monday, June 1, government-imposed deadline to come up with a restructuring plan or join Chrysler in Chapter 11 bankruptcy protection.

Ten Central Ohio Chrysler dealerships received news Thursday their relationships with the company were ending.

FAST FACTS ON CHRYSLER

  • Chrysler notified 789 of its 3,200 U.S. dealers nationwide they were no longer Chrysler dealers.

  • Forty-seven of those dealerships are in Ohio.

  • Chrysler said in its filing that dealers are not competitive enough with foreign brands.

  • Chrysler has received $4 billion in federal loans and has been operating in bankruptcy protection since April 30.

  • Ten are in Central Ohio:

- Byers Dublin Dodge in Dublin
- Graham Jeep in Mansfield
- Harden Chevrolet & Chrysler in Circleville
- Pioneer Chrysler Jeep in Marietta
- River Valley Chrysler-Jeep in Lancaster
- Rod James Chrysler Jeep Dodge in Galion
- Ross Jeep-Eagle, Inc. in Mount Vernon
- Spitzer Dodge in Whitehall
- Tansky Chrysler in Zanesville
- Whitey's in Mansfield

Chrysler said customers who purchased vehicles from any of the affected dealerships will be notified and warranties still will be honored.

For additional information on this developing story, stay with NBC 4 and refresh nbc4i.com -- Where Accuracy Matters.
To submit a story idea or news tip, e-mail stories@nbc4i.com.
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