Re: Big three bailout

Posted by Owen_Dyneto On 2008/12/15 13:11:11
This "burden" on GM of having too many dealers has puzzled me as well, if I remember the #s correctly, GM has about 7000 and Toyota for more or less the same sales volume has 1600 or so. Even if I'm off by 1000 here or there, that's a huge difference.

But leaving the issue of unscrupulous dealers aside, I've never understood why the # of dealers was a burden on GM corporate as I guess I don't understand what type of financial support GM gives to independent dealers. Or are pehaps the majority of these GM dealers GM-owned?

Looking forward to some clarification.

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