"Fewer but Healthier?
The c
ompany believes that having fewer, healthier dealers will help it better compete with foreign-based rivals such as Toyota Motor Corp. and Honda Motor Co., which tend to have newer, better financed stores in more attractive locations.
By limiting the number of retailers, those companies ensure that each has a better shot at being profitable."
From the Wall Street Journal
GM to Close 1,100 Dealerships - WSJ.com