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Friday, April 24, 2009

General Motors may be compelled under force to divest GMC emblem

By Zou Frbiz

The Wall Street Journal cited acquainted causes as saying that efforts in the General Motors Corporation on June 1 on the event of the culmination of the restructuring, the business is opposite claims from the government to address exposing the force GMC brands.

It was academic that the brand had planned to carry out the reorganization of General Motors remains to retain in the company. However, according to informed origins, the United States Government does not assess the future of General Motors GMC marks to retain the strategy was feasible. General Motors has been in the spin-off its Hummer (Hummer), Saab (SAAB) and the Saturn brand. These marks are found in car sales plummeted sharply.

A GM spokesman said the company's strategy remains unchanged, including 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 cited causes as saying GM dealers have said that the business is accelerating the closure of about 1, 700 vehicle dealership designs in June as a deadline to submit to the United States Government The part of the reorganization plan.

Reuters said on its Web location so far this year have been about 200 GM dealers shut down.

Prior to the U.S. federal appealed General Motors in June ago the fresh reorganization plan. Reuters said that beneath the reorganization plan to lessen the figure of dealers in the United States is the General Motors one of the lid priorities. - 21392

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