Friday, March 5, 2010

GM Asks Dealers They Shafted to Reopen

In a stunning reversal, GM has asked 661 dealers forced to close as part of their bankruptcy to reopen. GM is concerned about their dwindling market share. Many thought Obama's former auto czar Steven Rattner was behind the incredibly stupid move to close 1,100 dealerships as part of the bankruptcy.

Bloomberg reported:

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