Chrysler dealerships sue US Treasury Department for violating 5th amendment
A lawsuit was recently filed against the U.S. Treasury Department by 64 dealerships that were terminated during Chrysler's 2009 bankruptcy reorganization. The suit, which seeks at least... Read more
Porsche will add 10 more dealers to network in China in 2011
Last year was a good one for Porsche AG in terms of sales and for 2011, it wants to expand its dealer network into China's interior markets. Porsche China CEO Helmut Broeker said that... Read more
GM plans to reinstate 661 of the 1,160 rejected dealerships
General Motors Co. revealed its intentions to reinstate 661 of the 1,160 rejected dealerships that applied for arbitration to restore their franchises. This effectively scraps a... Read more
At least 100 GM dealerships will be restored in the arbitration process
At least 100 of General Motors Co.'s dealerships are expected to be restored under the arbitration process mandated by a new federal law, according to GM chairman Ed Whitacre. He said... Read more
GM to close down 1,700 dealerships by June 1st
GM has accelerated its restructuring as the impending June 1 deadline approaches along with Chapter 11 speculations. The carmaker has informed its dealers that it will expedite the close... Read more
GM wants to rebuild relationships with its dealerships
General Motors Co. wants to rebuild relationships with its dealerships and to do that, it aims to handle smoothly the reinstatement cases in the next few months. Mark Reuss, president of... Read more
GM is demanding paybacks from dealers on incentive program
General Motors Co. wants dealerships to pay up starting this month certain sums racked up due to alleged infractions of its Standards for Excellence incentive program. And these dealers... Read more
GM scrapped plan to reshape its Cadillac dealer network in the image of Lexus
To the sound of millions of General Motors Co. dealerships and customers breathing a sigh of relief, the carmaker has announced that it will no longer go through with a plan to cut the... Read more
GM offering free maintenance visits to current Pontiac owners
In an attempt to prevent Pontiac customers from straying to other brands, General Motors Co. will be providing a free maintenance program. GMls decision to shut down Pontiac will likely... Read more
GM offering huge incentives to speed up the sales of remaining Saturn and Pontiac cars
To increase December sales, Saturn and Pontiac dealerships are being enticed with huge incentives by General Motors Co. to hurry up the sales of the remaining inventory from these brands,... Read more
Chrysler might not follow GM on dealer reinstatement
In response to General Motors Co.'s intention to reinstate 661 rejected dealerships, Chrysler Group said that it will not be following suit. Chrysler also said that the number of... Read more
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