Word on GM’s revised revision of its restructuring plan (confused? You’re not alone!) is starting to filter out. Pontiac looks to join Saturn and Hummer on the scrap heap. But the big news is that GM has proposed cutting its dealership population by 42 percent, paring GM dealers from today’s 6,246 to only 3,605 by the end of 2010. That’s a whopping decline sure to have ramifications (likely positive) for the automotive aftermarket, including fast lubes. Read more about GM’s plan here.
If GM is successful and pares more than 2,600 dealerships from its ranks, that amounts to a huge decrease in service bays nationwide, a void that lube shops are well poised to fill.
UPDATE: Automotive News is reporting that GM will axe the Saturn brand sooner than expected, not building any Saturn vehicles after the 2009 model year!