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Article: Bedford dealership feels betrayed by GM
- Article from:
- Roanoke Times & World News
- Article date:
- September 26, 2009
- Author:
CopyrightCopyright 2009 Roanoke Times & World News. Provided by ProQuest LLC. (Hide copyright information)
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As General Motors resumes a path forward after bankruptcy, the
automaker is about to unhitch a Bedford dealership that has tagged
along for more than half of GM's life.
Murray & Bolling Chevrolet is on the list of more than 1,100
deleted dealerships that GM no longer will supply with new
vehicles.
The dealer cuts are in the wake of an auto industry head-on
collision with higher gasoline prices, a tough recession and
changing consumer loyalties, and are affecting all parts of the
country.
GM lost its independence -- it is now majority government-owned
with a stock sale planned next year -- and rank as the world's No.
1 automaker. The company lost $30.8 billion in 2008 and $43.3 ...
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