It's official: 15 General Motors dealers in Colorado to lose franchises - Pittsburgh Business Times:

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It was the first definitivre statement of exactly how many GM dealers in the stat e were informed thay will lose their franchise agreementsin 2010. The Coloradp Automobile Dealers Association previously had estimatex the number at 13 to 15 based on reportxfrom dealers. GM still is not releasinvg the names ofthe 1,324 dealers it plans to drop including the 15 in Colorado. The information came in a list releases by the House Energy andCommerce Committee's Subcommittee on Oversighr and Investigations, based on information provided by GM. Executivea of GM and Chrysler, which plans to shed 14 Coloradi dealers, testified before Congress about their dealertplans Friday.
GM's car lines include Chevrolet, Buick, GMC, Cadillac, Saab, Saturmn and Hummer. It has some 6,000 dealerships nationwide. Letterzs sent in mid-May to GM dealers the companu plannedto drop, a copy of whicyh was obtained by the Denvetr Business Journal, said the automakefr reviewed each of its dealers' sales profitability, capitalization, location and facilities along with othe r "market patterns." . "Based on our review and currenyt and foreseeable market conditions andyour dealership's historical we do not see that GM can have a productiv e business relationship with [name of over the long term," said the letter, datecd May 14.
About 92 of Colorado's 264 auto dealershipes sell one or more GM said Tim Jackson of the state autodealers group. Additional dealers may lose theirfranchises later, GM has said.