wtp,

So if the car dealers have to buy the vehicle from GM, so what, it is the dealers money, not GM's. Correct me if I am wrong? I know for a fact there is more GM dealers than is needed, but the GM dealers are the ones coughing up their own money to survive, not GM's - it is called democracy. I know of several small chevy dealers that only sell at most a dozen or so cars a month, but so what, they are happy and able to make it so let them.

cookiedough: I may be wrong but GM and every other manufacture are holding millions of cars on there inventory for 6 months after delivery. If the car is not sold in that 6 months yes then the car dealer must buy the car and is now in his inventory. Manufactures are trying to cut the over head down by dropping dealers. I hope this explains this some.

Wisconsin needs to tax the hell out of new GM
cars sold in wisconsin dealerships so we can
recoup the tens of millions of dollars the
tax payers spend on keeping general motors
here in Wisconsin.
I hope that Wisconsin government will not buy
any fleet vehicles from General Motors for the
next 100 years.

When into bankruptcy, all is fair game. Mark my words, there will be 100's, if not over 1,000 more GM dealers left out in the cold when this bankruptcy is all said and done. What I cannot figure out is if the dealers' are willing to pay GM in franchise fees, etc. to be a dealer with their own money, why not let them even if they don't sell many vehicles per year? I understand there are way too many GM, mostly chevy, dealers too close together here in WI, but if the dealers can survive with their own money, why not let them?

The UAW thought in error that they could save retiree healthcare benefits by making a deal with the devil. The sooner this country realizes that healthcare MUST be reformed, the sooner healthczre IS reformed and the sooner healthcare is available and affordable to everyone regardless of employment status then the sooner companies will start hiring again. Heathcare more than anything else bankrupted GM.

The bankruptcy of GM was illegal handled from the start. Never in the history of our nation have we put non-secured lenders ahead of secured lenders to get paid first. I guess the fact that the non secured lenders were the union, has nothing to do with politics or paybacks though right? We were trying to save jobs, but I guess only union jobs, not the jobs of non-union car dealerships. When government gets involved, politics always plays out in one form or another. What a mess!