# Poor GM.....

**URL:** <https://forums.speedlife.net/t/poor-gm/67834>\
**Category:** NYSpeed Automotive\
**Created:** [May 15, 2009, 7:19am UTC](https://forums.speedlife.net/t/poor-gm/67834 "2009-05-15T07:19:45Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![JUICEDSS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedss/32/7185_2.png) [@JUICEDSS](https://forums.speedlife.net/u/JUICEDSS)\
**Post date:** [May 15, 2009, 7:19am UTC](https://forums.speedlife.net/t/poor-gm/67834/1 "2009-05-15T07:19:45Z")

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[http://money.cnn.com/2009/05/15/news/companies/gm\_dealers/index.htm?postversion=2009051509](http://money.cnn.com/2009/05/15/news/companies/gm_dealers/index.htm?postversion=2009051509)

NEW YORK ([CNNMoney.com](http://CNNMoney.com)) – General Motors notified 1,100 of its 6,000 dealerships Friday that it is terminating their contracts with the struggling automaker, the first step in an even deeper 40% cut in its retail network.

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**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\
**Post date:** [May 15, 2009, 7:24am UTC](https://forums.speedlife.net/t/poor-gm/67834/2 "2009-05-15T07:24:22Z")

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I was talking about this to my girlfriend and she had no idea what was even going on…  
I don’t think people realize how much this is going to effect the country.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [May 15, 2009, 7:27am UTC](https://forums.speedlife.net/t/poor-gm/67834/3 "2009-05-15T07:27:57Z")

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Wonder how long before the public gets to see the list.

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**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\
**Post date:** [May 15, 2009, 7:37am UTC](https://forums.speedlife.net/t/poor-gm/67834/4 "2009-05-15T07:37:07Z")

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This is going to really cut deep, be ready for a lot of fall out

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [May 15, 2009, 7:38am UTC](https://forums.speedlife.net/t/poor-gm/67834/5 "2009-05-15T07:38:57Z")

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Between chrysler’s and GM’s cuts we are looking at an approximate loss of 100,000 jobs.

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**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\
**Post date:** [May 15, 2009, 7:52am UTC](https://forums.speedlife.net/t/poor-gm/67834/6 "2009-05-15T07:52:28Z")

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Ugh. I mean it was only a matter of time, but this still sucks.

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**Author:** ![OriginalSterm](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/originalsterm/32/4964_2.png) [@OriginalSterm](https://forums.speedlife.net/u/OriginalSterm)\
**Post date:** [May 15, 2009, 7:59am UTC](https://forums.speedlife.net/t/poor-gm/67834/7 "2009-05-15T07:59:18Z")

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> [@tpgsr](#):
>
> Between chrysler’s and GM’s cuts we are looking at an approximate loss of 100,000 jobs.

Probably still cheaper than a bail out…

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 15, 2009, 8:14am UTC](https://forums.speedlife.net/t/poor-gm/67834/8 "2009-05-15T08:14:48Z")

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I generally don’t like stealerships but, still it does suck for A LOT of people. 1100?!?

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**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\
**Post date:** [May 15, 2009, 9:16am UTC](https://forums.speedlife.net/t/poor-gm/67834/9 "2009-05-15T09:16:22Z")

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I hope west herr pontiac is one of them after the experience i just had there.

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**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [May 15, 2009, 9:37am UTC](https://forums.speedlife.net/t/poor-gm/67834/10 "2009-05-15T09:37:12Z")

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> [@CursedCavy](#):
>
> I hope west herr pontiac is one of them after the experience i just had there.

I hate west herr period. I had the worst time with them in the past on a SUV purchase. They talked down to me and played games on a lemon. I was near ready to drive the thing through the window and throw the keys at them and walk out.

> [@OriginalSterm](#):
>
> Probably still cheaper than a bail out…

There already was loads of bailout money they got. It quenched a few months of their blown pension system I suppose. LOL

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**Author:** ![slow84ta](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/slow84ta/32/7265_2.png) [@slow84ta](https://forums.speedlife.net/u/slow84ta)\
**Post date:** [May 15, 2009, 10:31am UTC](https://forums.speedlife.net/t/poor-gm/67834/11 "2009-05-15T10:31:17Z")

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Myrtle Beach shouldn’t be affected there are only 3 gm dealers within a 60 mile radius :tup:

But regardless, it sucks for anyone this affects

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**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\
**Post date:** [May 15, 2009, 10:45am UTC](https://forums.speedlife.net/t/poor-gm/67834/12 "2009-05-15T10:45:58Z")

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> [@CursedCavy](#):
>
> I hope west herr pontiac is one of them after the experience i just had there.

Well Pontiac as a division has been cut.

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**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\
**Post date:** [May 15, 2009, 10:50am UTC](https://forums.speedlife.net/t/poor-gm/67834/13 "2009-05-15T10:50:30Z")

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> [@JayS](#):
>
> Wonder how long before the public gets to see the list.

Not as quick as Chrysler, since GM is not in BK…yet. They are just letting them know that by October of 2010 they will not be a GM dealership anymore. Also, dealers can petition to keep the dealership and GM will consider, but who knows what will happen from that.

Chrysler just said in 3 weeks we are taking your franchise. GM plan is to give dealers time to put a strategy together, plus GM won’t have a ton of cars to take to auction.

> GM spokeswoman Susan Garontakos said the company will not make public a list of dealers to be cut, leaving the decision to release information to individual business owners.

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**Author:** ![harvboi05](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/harvboi05/32/5124_2.png) [@harvboi05](https://forums.speedlife.net/u/harvboi05)\
**Post date:** [May 15, 2009, 11:04am UTC](https://forums.speedlife.net/t/poor-gm/67834/14 "2009-05-15T11:04:25Z")

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i talked to a buddy of mine in the industry today, and he suggested GM will file for bankruptcy June 1st. just thought id add to the drama.

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**Author:** ![dreid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/dreid/32/7388_2.png) [@dreid](https://forums.speedlife.net/u/dreid)\
**Post date:** [May 15, 2009, 11:09am UTC](https://forums.speedlife.net/t/poor-gm/67834/15 "2009-05-15T11:09:09Z")

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is this the first or second round of dealership cuts for GM?? I swear this is the second. I could be mistaken by GMs talks of cutting dealerships about a month or so ago.

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**Author:** ![blk99z28](https://avatars.discourse-cdn.com/v4/letter/b/f19dbf/32.png) [@blk99z28](https://forums.speedlife.net/u/blk99z28)\
**Post date:** [May 15, 2009, 7:05pm UTC](https://forums.speedlife.net/t/poor-gm/67834/16 "2009-05-15T19:05:43Z")

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What’s the reason behind the dealership cuts anyway? Where is the cost savings to GM corporate? Who is calling the shots here anyway. Because Toyota and Honda have 2/3s the dealerships GM does automatically means GM needs to slash 1/3 of theirs? I don’t get it.

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**Author:** ![baseball24](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/baseball24/32/7452_2.png) [@baseball24](https://forums.speedlife.net/u/baseball24)\
**Post date:** [May 15, 2009, 7:18pm UTC](https://forums.speedlife.net/t/poor-gm/67834/17 "2009-05-15T19:18:35Z")

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great job obama…really fixing the economy…ugh that sucks

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**Author:** ![Violator](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/violator/32/7278_2.png) [@Violator](https://forums.speedlife.net/u/Violator)\
**Post date:** [May 15, 2009, 9:29pm UTC](https://forums.speedlife.net/t/poor-gm/67834/18 "2009-05-15T21:29:31Z")

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Dealerships whatever. The most important part is the supplier network.  
Those manufacturers are part of Americas industrial strength.  
As long as that is kept intact then things will recover.

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**Author:** ![misteroman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/misteroman/32/7423_2.png) [@misteroman](https://forums.speedlife.net/u/misteroman)\
**Post date:** [May 15, 2009, 9:34pm UTC](https://forums.speedlife.net/t/poor-gm/67834/19 "2009-05-15T21:34:47Z")

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They will file between the 25-27th of May.  
Lets all make predictions locally.I’ll say in the northtowns:  
Fucillo  
Gillogily  
Ki-po  
Mike smith

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**Author:** ![Toda\_Party](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/toda_party/32/7354_2.png) [@Toda\_Party](https://forums.speedlife.net/u/Toda_Party)\
**Post date:** [May 16, 2009, 5:37am UTC](https://forums.speedlife.net/t/poor-gm/67834/20 "2009-05-16T05:37:35Z")

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> [@baseball24](#):
>
> great job obama…really fixing the economy…ugh that sucks

:meh: that’s right, blame the Obamanation

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