General Motors and Chrysler have cut over 1,900 U.S. dealers in the last few weeks, leaving thousands of Americans without jobs. Some Chrysler dealers have banned together to protest their eliminations but the U.S. government will take it one step further by requiring the CEOs of GM and Chrysler to answer to a Senate committee.
According to Automotive News, the Senate Commerce Committee will call GM CEO Fritz Henderson and Chrysler CEO Bob Nardelli to Washington next month to explain the deep dealer cuts announced over the last few weeks. The committee says the talks will focus on “the short and insufficient transition period given to dealerships for franchise terminations.â€
Some major talking points will include job losses as well as what dealers earmarked for closure are expected to do with unsold inventory and parts.
Chrysler recently announced it will be closing 789 stores with GM set to shutter another 1,124. Additionally, GM will shed another 5050 stores as it winds down or sells its Hummer, Saab and Pontiac brands.
