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GM, Ford Profits Show Dealer Networks Regaining Health

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GM, Ford Profits Show Dealer Networks Regaining Health

Unread postby Ache » Thu 12 Aug 2010, 18:08:26

http://www.bloomberg.com/news/2010-08-1 ... -says.html

GM, the biggest U.S. automaker, will have 4,500 dealers by the end of the year, more than the 3,600 the Detroit-based automaker said during its 2009 bankruptcy that it planned to keep, said John Frith, Urban Science’s vice president of retail- channel solutions.

Second-Quarter Profit

GM, which said today second-quarter profit was $1.54 billion, had about 6,250 stores before cutting its network during its bankruptcy.
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