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I was just watching this am about GM dealer closing (CNBC I think). Someone who professed to know about GM franchise's says the GM dealer franchise are renewed on an annual basis. GM will just tell those who they don't plant on renewing, sorry. If the franchise renewal date is 3 months away, then they have 3 months. If its 11 months then they have 11 months, etc. So most dealers won't close that fast.
They are saying sales volume is not the sole determining factor. There are many dealers who sell at lot but also have a high customer dissatisfaction score.
According to big dealers they interview many dealers have stopped ordering cars and trucks already. I think a lot also depends on what competition is nearby. If there are other brands close then the GM dealer is safe. But if you are in a area where the GM dealers out number the other brands, then there is to many. Volume does not guarantee survival, customer satisfaction is high on the list.
Last edited by CTS; 05-15-2009 at 07:44 AM.
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