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05-23-2012 16:03

Good To Know: GM Committed To Participating In Professional Arbitration With Dealers


Good To Know: GM Committed To Participating In Professional Arbitration With Dealers

by
Jan 9th, 2010

After the roller coaster ride that’s become the Saab sale dealer closure process, GM wanted to reassure all involved of its commitment to the process. Since this one is straight and to-the-point, we’ll let you read it as GM intended:

GM is committed to participating in a professional, effective arbitration process for Chevrolet, Buick, GMC and Cadillac dealers who received a complete or partial wind-down agreement and want to file for reinstatement.  We are working within the procedures of Section 747 of the Consolidated Appropriations Act of 2010 (H.R. 3288).  GM will provide dealers covered by the statute with a letter that explains why they received a wind-down agreement by Jan. 15, and all decisions regarding reinstatement will be completed within six months.

There’s nothing here that we didn’t already know, but sometimes it’s nice to throw in some reassurance for good measure; in fact, it’s kind of like your special someone telling you the three magic words, even though you already knew it.

What three magic words? We’ll let you be the judge of that!

[Source: GM]

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