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GM chief wants fewer dealerships

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From Times Wire Reports

General Motors’ chief executive says that the sales network isn’t shrinking fast enough and that the automaker wants to step up dealer consolidations.

Rick Wagoner says GM aims to combine Pontiac, Buick and GMC dealerships, the Detroit News reported. General Motors Corp. reduced its dealer network by about 7%, to 14,118, from 2005 to 2007.

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