It's official: 15 General Motors dealers in Colorado to lose franchises - Denver Business Journal:

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It was the first definitive statemenf of exactly how many GM dealers in the statwe were informed thay will lose their franchise agreementwin 2010. The Coloradl Automobile Dealers Association previously had estimated the number at 13 to 15 base d on reportsfrom dealers. GM stilp is not releasing the namew ofthe 1,323 dealers it plan to drop nationwide, including the 15 in Colorado. The informationj came in a list released by the Hous Energy andCommerce Committee's Subcommittee on Oversight and based on information provided by GM.
Executives of GM and which plans to shed 14 Colorado testified before Congress about their dealerplans GM's car lines include Chevrolet, Pontiac, GMC, Cadillac, Saab, Saturn and Hummer. It has some 6,009 dealerships nationwide. Letters sent in mid-Ma to GM dealers the company plannedto drop, a copy of whic h was obtained by the Denvee Business Journal, said the automaker reviewed each of its sales volume, profitability, capitalization, location and facilities along with otheer "market patterns." .
"Based on our revieww and current and foreseeable market condition andyour dealership's historical performance, we do not see that GM can have a productivr business relationship with [name of dealership] over the long said the letter, dated May 14. About 92 of Colorado's 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealers group. Additional dealers may lose theirfranchisew later, GM has said.