Friday, May 1, 2009

General Motors may be forced under pressure to divest GMC brand

By Professional editor working for frbiz.

The Wall Street Journal cited acquainted causes as saying that efforts in the General Motors Corporation on June 1 on the event of the culmination of the restructuring, the business is opposite claims from the government to address exposing the force GMC brands.

It was wise that the emblem had designed to convey out the reorganization of General Motors extends to keep in the company. However, as asserted by acquainted causes, the United States Government does not address the future of General Motors GMC emblems to keep the design was feasible. General Motors has been in the spin-off its Hummer (Hummer), Saab (SAAB) and the Saturn brand. These emblems are discovered in vehicle sales dropped sharply.

A GM spokesman said the company's strategy remains unchanged, including the Buick (Buick), Pontiac and GMC into a single distribution network. There is no brand on the GMC to decide the future fate.

According to Reuters (Reuters) Thursday quoted sources as saying GM dealers have said that the company is accelerating the closure of about 1, 700 car dealership plans in June as a deadline to submit to the United States Government The part of the reorganization plan.

Reuters said on its Web site so far this year have been approximate 200 GM dealers plugged down.

Prior to the U.S. government asked General Motors in June before the new reorganization plan. Reuters said that under the reorganization plan to reduce the number of dealers in the United States is the General Motors one of the top priorities.

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