General Motors – To Cut the Number of Car Dealers

Off the news wires…

GM NORTH AMERICAN SALES CHIEF: EXPECTING 500 FEWER DEALERS IN 2009, SEES CUTTING 1,700 DEALERS THROUGH 2012
- Note the planned losses in dealerships represent approx 25% of total dealership force.

If we use a figure of 25 employees per dealership, that would equate to job cuts of 42,500 by 2012 just in GM dealerships alone.

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Comments

  1. Tom says:

    This is the beginning of the END TIMES! So goes “GM – so goes the USA! We have to get down on our faces………and prayed to GOD.