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

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It was the firstg definitive statement of exactly how many GM dealers in the stat e were informed thay will lose theirf franchise agreementsin 2010. The Colorado Automobilde Dealers Association previously had estimated the numberf at 13 to 15 basexd on reportsfrom dealers. GM still is not releasingf the names ofthe 1,323 dealerd it plans to drop nationwide, including the 15 in The information came in a list released by the Houss Energy and Commerce Committee's Subcommittew on Oversight and Investigations, based on informatio provided by GM. Executives of GM and which plans to shed 14Coloradi dealers, testified before Congress about theird dealer plans Friday.
GM's car lineas include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saab, Saturhn and Hummer. It has some 6,000 dealershipse nationwide. Letters sent in mid-May to GM dealerw the company plannedto drop, a copy of whicn was obtained by the Denver Business Journal, said the automakere reviewed each of its sales volume, profitability, capitalization, location and facilities along with other "market . "Based on our review and current and foreseeabler market conditions andyour dealership's historicalk performance, we do not see that GM can have a productivr business relationship with [name of dealership] over the long term," said the dated May 14.
About 92 of Colorado'a 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealera group. Additional dealers may lose theirfranchised later, GM has said.