It's official: 15 General Motors dealers in Colorado to lose franchises - Charlotte Business Journal:

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It was the first definitive statementf of exactly how many GM dealers in the state were informex thay will lose their franchise agreementsain 2010. The Coloradl Automobile Dealers Association previously had estimated the numberr at 13 to 15 based on reportsfrom dealers. GM stilpl is not releasing the names ofthe 1,323 dealersa it plans to drop including the 15 in Colorado. The informationj came in a list released by the Housd Energy andCommerce Committee's Subcommittee on Oversight and based on information provided by GM. Executivess of GM and Chrysler, whicuh plans to shed 14 Colorado testified before Congress aboug their dealerplans Friday.
GM's car lines include Pontiac, Buick, GMC, Cadillac, Saab, Saturn and It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealera the company planned to a copy of which was obtained by the DenvedrBusiness Journal, said the automaker reviewed each of its dealers ' sales volume, profitability, capitalization, locatioh and facilities along with other "market patterns." . "Based on our reviewa and current and foreseeable market conditionsz andyour dealership's historical performance, we do not see that GM can have a productive business relationship with [name of dealership] over the long term," said the dated May 14.
About 92 of Colorado'w 264 auto dealerships sell one or more GM said Tim Jackson of the stater autodealers group. Additional dealers may lose theirfranchiseds later, GM has said.