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Tuesday, April 21, 2009

General Motors may be forced under pressure to divest GMC brand

By Professional editor working for frbiz.

The Wall Street Journal quoted informed sources as saying that efforts in the General Motors Corporation on June 1 on the occasion of the completion of the restructuring, the company is facing demands from the government to consider stripping the pressure 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 waits unchanged, encompassing 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 origins as phrase GM dealers have said that the corporation is advancing the closure of approximate 1, 700 car dealership arranges in June as a deadline to surrender to the United States Government The fraction 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 inquired General Motors in June before the new reorganization plan. Reuters said that under the reorganization design to decrease the number of dealers in the United States is the General Motors one of the peak priorities. - 18423

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