Wednesday, June 22, 2011

AG Suthers joins in fight against GM - Triangle Business Journal:

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“GM should not force its dealerships here in Colorado to unfairlhy bear the burden for itspast mismanagement,” Sutherws said in a statement. The attorneys genera l filed an objection jointly infederal court, saying that GM is unfairluy forcing dealerships to eitherr modify their agreements or risk being closed. Suthers also filed an objectio separately, citing a new Colorado law prohibitint auto manufacturers from threatening to cancel or not renew existing dealershil agreements if a dealership does not agree with the Sutherssaid he’s also concerned that the sale order GM seeks in its bankruptct case could undercut the state’s regulation of manufacturer-dealee relationships and upset the playing fiele in the industry.
“The latitude the motion woul give General Motors to modify its dealership agreements potentiallyt affects thousands of jobs in Suthers said. “It is crucial that GM not be allowedx to unfairly force dealerships to swallo wburdensome agreements.” Fifteen GM dealerships in Colorado have been informed they will be dropped this according to a list released by the Houss Energy and Commerce Committee’s Subcommittee on Oversight and Investigationsa earlier this month. The list was based on informatiob providedby GM.
The namea of the dealerships have not beenpublicly

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