GM Will Reinstate Several NC Dealerships

    Via: CNN.com

    Twenty to 25 North Carolina dealerships are among the 661 dealerships nationwide that General Motors Co. plans to reinstate.

    As you may remember GM cut its franchise ties with 1,160 dealers nationwide last fall as part of its bankruptcy proceedings in an effort to compensate for much lower demand for cars and trucks. Some dealers have argued that lots that were still profitable were cut, and that the automaker didn’t offer enough details about how it’s choosing which businesses to shutter.

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