Dealers finally lawyer up against GM!!! - Saab General Bulletin Board - Saabnet.com
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Dealers finally lawyer up against GM!!!
Posted by Mark from Toronto (more from Mark from Toronto) on Tue, 12 Jan 2010 00:31:13
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Man!! This took a LONG time to happen IMHO. 50 SAAB dealers have finally banded together and informed GM they will hold them "accountable" to their promise of "good faith" in the process to sell SAAB. I hope the other dealers pile on. It must be made clear to GM...even if there is no economic difference in sale vs closure, they are BOUND by their promise of good faith to SAAB dealers to sell the company. If not there are millions in additional liablity. Say an average of 1M/dealer, x 200.... and you have a conservative $200M in additional costs.
posted by 67.204.5...
http://blogs.wsj.com/deals/2010/01/11/saab-dealers-tell-gm-to-negotiate-or-else/
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