The big news in America at the moment is the dropping by General Motors and Chrysler of around 3,000 new car dealers.
General Motors has around 6,000 new car dealers spread across the country and plans to terminate up to 2,000 of them and the official announcement is expected soon.
Chrysler is said to be planning to shed around 1,000 new car dealers but an announcement by the manufacturer is not imminent.
The word on the streets is that we could see some Holden dealers disappear soon too. Just when that’s likely to happen is not clear but if it is going to happen then between now and the end of June is a good bet.