GM closes 1,100 dealerships - KCBD NewsChannel 11 Lubbock

5/15/09

GM closes 1,100 dealerships

LUBBOCK, TX (KCBD) - One day after Chrysler announced it was cutting a quarter of its dealers, General Motors is putting more than a thousand Chevy, Buick, and GMC dealerships out of business.

GM gave the bad news to its 1,100 dealerships by FedEx Friday. That's 40 percent of GM stores, but those dealerships sell just 7 percent of all the GM vehicles - many as few as 35 cars last year.

GM will wind down the 1,100 stores thru next year, buying back unsold cars. President Obama's spokesman said without this week's cuts, every GM and Chrysler dealership might have been forced to close.

No word yet if any South Plains dealerships will be affected.

©2009 KCBD NewsChannel 11. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

5/14/09
Chrysler rejects two local South Plains contracts
Fifty Chrysler dealerships across the state of Texas received devastating news via UPS including two right here on the South Plains.

  • Local News on KCBD.comNewsMore>>

  • Texas school gunman: 'I'm going to kill you.' Then he fired

    Texas school gunman: 'I'm going to kill you.' Then he fired

    Saturday, May 19 2018 11:51 PM EDT2018-05-20 03:51:30 GMT
    Sunday, May 20 2018 8:13 AM EDT2018-05-20 12:13:52 GMT
    (Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...(Jennifer Reynolds/The Galveston County Daily News via AP). April Salinas, second from right, her daughters Meah, 13, and Macee, 6, and Jeramiah Kelley read notes left at memorial behind Texas First Bank, Saturday, May 19, 2018 in Santa Fe, Texas. A gu...

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

    The mother of one slain student said her daughter may have been targeted because she rejected advances from the suspect, who was an ex-boyfriend of her daughter's best friend.

  • Cougar kills 1 mountain biker, injures 2nd near Seattle

    Cougar kills 1 mountain biker, injures 2nd near Seattle

    Sunday, May 20 2018 1:31 AM EDT2018-05-20 05:31:13 GMT
    Sunday, May 20 2018 8:13 AM EDT2018-05-20 12:13:41 GMT
    (Alan Berner /The Seattle Times via AP). Washington State Fish and Wildlife Police confer with an individual from the King County Medical Examiner's and a King County Sheriff's deputy on a remote gravel road above Snoqualmie, WA., following a fatal cou...(Alan Berner /The Seattle Times via AP). Washington State Fish and Wildlife Police confer with an individual from the King County Medical Examiner's and a King County Sheriff's deputy on a remote gravel road above Snoqualmie, WA., following a fatal cou...

    Authorities say the cougar believed responsible for the attack has been euthanized.

    Authorities say the cougar believed responsible for the attack has been euthanized.

  • New Starbucks policy: No purchase needed to sit in cafes

    New Starbucks policy: No purchase needed to sit in cafes

    Saturday, May 19 2018 1:10 PM EDT2018-05-19 17:10:57 GMT
    Sunday, May 20 2018 8:12 AM EDT2018-05-20 12:12:44 GMT
    New policy at Starbucks: No purchase needed to sit, use restrooms. (Source: Pixabay)New policy at Starbucks: No purchase needed to sit, use restrooms. (Source: Pixabay)

    New policy at Starbucks: No purchase needed to sit, use restrooms.

    New policy at Starbucks: No purchase needed to sit, use restrooms.

Powered by Frankly