"As reported last month in the Detroit Free Press, GM appears to have intentionally engaged in deceptive and unsavory business practices against its own auto dealerships. Before yesterday's announcement, GM and GMAC have arbitrarily and capriciously altered dealership financing terms and requirements, and have wrongfully withheld rebates, warranty claims, and funds due to its dealerships under established franchise agreements in an effort to drive them out of business and thus allowing GM to avoid their legal and contractual obligations to these dealers."
- posted
14 years ago