GM, Chrysler leaders say dealership closings needed to preserve auto jobsWASHINGTON — Under withering criticism in Congress, General Motors and Chrysler executives on Friday called the closings of hundreds of dealerships painful steps needed to right-size the auto giants. Down-on-their luck dealers said the moves would needlessly devastate their local economies and livelihoods. Chiefs of GM, Chrysler say they regret wholesale closing of dealerships, but had no choiceWASHINGTON — Partners no more, bankrupt automakers and small-town car dealers who are being stripped of their livelihood brought the anguish of their sinking fortunes into the halls of Congress on Wednesday and sparred over the companies’ plans to slash franchises nationwide. Chiefs of GM, Chrysler tell Congress slashing dealerships necessary despite many hardshipsWASHINGTON — Fighting to survive, top executives from General Motors and Chrysler on Wednesday defended their decisions to slash dealerships around the country, calling the moves unavoidable despite the pain to many loyal dealers and customers. Lawmakers examine GM, Chrysler plans to shed hundreds of dealershipsWASHINGTON — Top executives from General Motors and Chrysler face tough questions from lawmakers about sweeping plans to close hundreds of car dealerships as the auto companies undergo government-led bankruptcies. |