| Part Of House Energy Subcmte.: GM and Chrysler Dealership Closures

Automobile Dealership Closures, Continuation

Automotive industry executives and auto dealers continued their testimony following a vote break for committee members. Witnesses examined… read more

Automotive industry executives and auto dealers continued their testimony following a vote break for committee members.

Witnesses examined the recent auto dealership closures announced by Chrysler and General Motors. Chrysler plans to close 789 dealerships this week and GM wants to eliminate approximately 2,500 of its 6,000 dealerships by the end of next year.

The automakers said that large dealer networks now represent a drain on the companies. They argued that they would save billions on support costs, incentive payments and other costs by closing dealerships that perform poorly or do not fit restructuring plans.

Auto dealers said closing so many dealerships would eliminate tens of thousands of jobs, hurt local economies and do little to improve the automakers' long-term prospects.

See program id# 286995-1 to view the first portion of the hearing. close

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Automobile Dealership Closures, Continuation

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Program ID:
286995-2
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Jun 12, 2009 | 11:56am EDT | C-SPAN 2
Last Aired:
Jul 06, 2009 | 3:23pm EDT | C-SPAN 3

Airing Details

  • Jun 12, 2009 | 11:56am EDT | C-SPAN 2
  • Jun 12, 2009 | 9:35pm EDT | C-SPAN 1
  • Jun 13, 2009 | 4:22am EDT | C-SPAN 1
  • Jun 14, 2009 | 3:05pm EDT | C-SPAN 1
  • Jun 18, 2009 | 11:34pm EDT | C-SPAN 3
  • Jun 19, 2009 | 5:34am EDT | C-SPAN 3
  • Jul 06, 2009 | 3:23pm EDT | C-SPAN 3
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