GM Executives, Dealers To Meet Friday To Discuss Contracts
June 04 2009 - 7:00PM
Dow Jones News
General Motors Corp. (GMGMQ) executives will meet with auto
dealers Friday to work out a dispute over contracts that would set
dealers' performance standards.
GM North America President Troy Clarke and other company
executives will meet with dealer representatives at the McLean,
Va., headquarters of the National Automobile Dealers
Association.
Among the topics to be discussed will be so-called performance
agreements that GM wants dealers to sign. Dealers contend the
agreements are an example of "overreaching." The two sides will
also discuss GM's treatment of dealers slated to be closed by the
company.
-By Josh Mitchell, Dow Jones Newswires; 202-862-6637;
joshua.mitchell@dowjones.com