Providers and Administrators in blue logo
MenuMENU
SearchSEARCH

GM Offers 5 More Dealers Reinstatement

April 21, 2010
1 min to read


WASHINGTON - General Motors Co. has upped the number of dealers that it has offered to reinstate to 666, from 661 announced previously, The Detroit News reported.


The higher figure was disclosed this morning in a report to Congress from the special inspector general overseeing the $700 billion Troubled Asset Relief Program.

Ad Loading...


GM spokeswoman Ryndee Carney confirmed the higher figure, saying a few more had been added after GM's North American president Mark Reuss briefed reporters on March 5.


She declined to say how many dealers had been reinstated and had met the criteria laid out in the reinstatement letters.


GM said it had offered letters to a majority of the 1,160 dealers that had challenged their planned closing by the end of the year. Congress approved an arbitration process for dealers that were closed or ordered closed by Chrysler Group LLC and GM during their bankruptcy restructurings last summer.


Carney said GM believes that "a majority of dealers will be able to meet the criteria and be reinstated."


Separately, the special inspector general is conducting an audit of GM and Chrysler's decisions to close dealers. Chrysler closed 789 dealers last year -- or a quarter of its dealers. The automaker has offered to reinstate 86 dealers.

More Industry

Showroomby Lauren LawrenceMarch 4, 2026

Used-Vehicle Program Aims to Draw More Buyers

GM says more than 750 dealers across the U.S. are enrolled in CarBravo and that in January CarBravo dealers sold over two times the certified volume of Chevrolet, Buick and GMC dealers using traditional CPO.

Read More →
Industryby Hannah MitchellMarch 3, 2026

Auto Dealers Cautiously Hopeful

Though traffic and profits were down in the first quarter, normally optimistic franchisees and independents saw dim current conditions while holding out visions of healthy spring sales.

Read More →
Industryby StaffMarch 3, 2026

Black Book: Weekly Market Update

Conversions picked up last week at wholesale vehicle auctions, according to the market observer, as the spring shopping season appeared to begin.

Read More →
Ad Loading...
white Audi car in a service bay
Industryby Lauren LawrenceMarch 3, 2026

Recall Service Reaches Milestone

Eight state DMVs participate in the Vehicle Recall Search Service created by Carfax and the Alliance for Automotive Innovation to reduce the number of unaddressed vehicle recall repairs.

Read More →
Industryby Hannah MitchellMarch 2, 2026

Meet the Editor: Hannah Mitchell

A longtime newspaper journalist, Bobit Dealer Group's editor was raised on news back in the South. Now she brings that news-hound ethic to our four auto retail magazines.

Read More →
Summit Updatesby StaffMarch 2, 2026

Enhance Your Dealer's F&I Workflow at Agent Summit

This session is designed to equip general agents with actionable strategies that can help their dealers enhance the efficiency of financial services managers.

Read More →
Ad Loading...
Industryby Hannah MitchellMarch 2, 2026

Auto Brands Hold the Line on Retention

A flat national rate despite inflation and other financial challenges shows industry loyalty stability, annual Reynolds and Reynolds research finds.

Read More →
Industryby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Industryby Lauren LawrenceFebruary 24, 2026

China Leads Battery Production

Between 2020 and 2025, gigafactory capacity grew six-fold and is set to grow another 118% by 2030, according Benchmark data.

Read More →
Ad Loading...
Industryby Hannah MitchellFebruary 24, 2026

Overall Consumer Confidence Up

Americans’ view of present business conditions, the labor market and family finances, though, are still in the dumps, and if they plan to buy cars, many target used units.

Read More →