Monday, May 11, 2009

Dealers

Some business owners are going to have a crappy week.

Thousands of General Motors Corp. and Chrysler LLC dealers may learn their fate within the next few days as both auto makers finish the list of the dealerships they plan to cut.

GM dealers will be notified this week as to whether they will continue to receive new cars and trucks from the auto maker, GM Chief Executive Officer Fritz Henderson said Monday. Mr. Henderson said he expects to "wind down" most of the targeted dealerships during the year.