By KEN THOMAS
Associated Press
July 10, 2009
WASHINGTON (AP) -- General Motors and Chrysler urged lawmakers Thursday to block legislation that would prevent them from consolidating their dealership networks, warning it would complicate their emergence from government-led bankruptcies.
With GM poised to exit bankruptcy protection, company leaders pressed House members to overturn an amendment approved late Tuesday by a House committee that would force General Motors Corp. and Chrysler LLC to restore franchise agreements with dealers as a condition of partial government ownership.
"The dealers had to be part of the restructuring -- therefore this legislation would be problematic to getting that piece of it done," said Mark LaNeve, GM's North American vice president for sales and marketing.
More
GM, Chrysler fight reopening of closed dealerships
Moving the Republican Party to the Right!
