Wednesday, July 22, 2009
Dealer Assistance from GM
General Motors will be offering "Dealer Assistance" for all of the dealerships that are slated to shut down according to the new government restructuring program. There will be approx. $600 million in funds that will be distributed. GM will be compensating $1,000 per unsold car and 8 months of rent. The per dealership average is $462,000 .
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