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General Motors reinstating more than 580 rejected dealerships(0)

March 6, 2010
GM Dealership Sign

GM Dealership Sign

General Motors is preparing to reinstate most of the rejected dealerships that applied for arbitration, sources familiar with the matter said.

General Motors will restore more than 580 of the 1,600 dealerships that filled for arbitration to get their franchises back.

GM plans to contact the affected dealers via letter as soon as next week. GM is close to finishing the process of selecting dealerships to reinstate outside of arbitration, one source said.

The remaining dealerships GM intends to wind down before November, will not be contacted and GM will attemp to settle or arbitrate with them.

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General Motors Recalling 1.3 million Vehicles – Chevy’s and Pontiacs

Recalled Chevrolet Cobalt

Recalled Chevrolet Cobalt

GM is recalling 1.3 million compact cars in North America due to a power steering problem that has been linked to 14 crashes and one injury.

U.S. safety regulators opened an investigation on January 27th into approximately 905,000 Cobalt models in the U.S. after 1,100 complaints were received due to the power steering.

The recall covers the following models

Chevrolet Cobalt 2005-2010

Pontiac G5 2007-2010

Pontiac Pursuit 2005-2006 (sold in Canada)

Pontiac G4 2005-2006 (sold in Mexico)