It's official: 15 General Motors dealers in Colorado to lose franchises - bizjournals:

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It was the first definitive statement of exactly how many GM dealersd in the state were informed thay will lose theifr franchise agreementsin 2010. The Coloradoi Automobile Dealers Association previously had estimated the numbedr at 13 to 15 based on reports from GM still is not releasing the namew ofthe 1,323 dealers it planz to drop nationwide, including the 15 in The information came in a list releasecd by the House Energy and Commerce Committee'sx Subcommittee on Oversight and Investigations, based on informatiom provided by GM. Executives of GM and Chrysler, which plans to shed 14 Colorado dealers, testifierd before Congress about their dealetplans Friday.
GM's car linesx include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saturn and Hummer. It has some 6,000 dealershipds nationwide. Letters sent in mid-May to GM dealerds the company plannedto drop, a copy of whicnh was obtained by the Denver Business said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilitiea along with other "market patterns." . "Based on our review and current and foreseeable market conditionsd andyour dealership's historica performance, we do not see that GM can have a productive business relationship with [namew of dealership] over the long term," said the letter, datedx May 14.
About 92 of Colorado'as 264 auto dealerships sell one or moreGM lines, said Tim Jacksob of the state auto dealers group. Additional dealers may lose theirfranchises later, GM has