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That's according to the company's "winxd down" list that GM provided to the U.S. Houser Energy and Commerce Committee's subcommittee on oversight and investigations made public as part of a hearinglast Friday. While GM hasn'tf made public the specific dealers whose franchise rights it is the company revealed that it has targeted 90 of its car dealerds in Pennsylvania to be closed in the next 12 to17 That's 11 more than the next hardest-hit Ohio (79), followed by Illinois (66), California New York (60) and Michigan (58).
GM planw to reduce its dealershio ranks from morethan 6,000 to an "idealo dealer blue print" of 3,380 Long the biggest auto manufacturer in the United GM filed for Chapter 11 bankruptcy protection from creditors in United Statea Bankruptcy Court a little more than two weeks ago. GM is basingf its closures on the dealer performance scorexs that take intoaccount dealers' sales, customer capitalization and profitability.
While GM's local dealershipxs to close have not been made the company's plans to reduce its dealer count in Pennsylvaniwa follows Chrysler's May announcemeny that it would eliminate 789 dealershipsw nationwide, which include 53 statewide and 12 in westernn Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'sz assets recently exited bankruptcy couryt as part of a new company now owned by Italianautomaker Fiat.
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