Pontiac Dealerships Across the Country Receive Letters of Closure from GM
“We’ve been recognized by every manufacturer we represent including: the GM Dealer of the Year (2006), Ford President’s Award (6 years in a row) and our Nissan Dealership is consistently ranked with one of the highest customer satisfaction indexes in the United States. From my humble beginnings as a technician and with the help of dedicated employees, we have also become the fifth largest GM parts dealer in the United States, the fifth largest Ford Parts Dealer in the nation, and the largest Chrysler Corporation parts dealer in the United States. How has our commitment to excellence, loyalty to the domestic auto industry and support for our communities been rewarded? On June 1, our Limerick Pontiac Buick GMC dealership received a “Wind Down” Agreement from the General Motors Corporation indicating that our General Motors Franchise was being revoked.” - More from PRWeb…
“General Motors is requiring all surviving dealers to sign a “participation agreement” asking them to comply with any dealership upgrades that the company imposes in bankruptcy.
GM also will require dealers who got franchise termination letters to sign a “wind-down” agreement. ” - More from Autonews…
“We believe they’re going to take away our franchise and give it to another dealer here in town, which is wrong,” Jennings said. “General Motors believes that people are loyal to brand only. But people are more loyal to the people they’re doing business with than the product they’re buying.” - More from ChicagoTribune…