GM Canada will reduce by 42% the number of its dealers

General Motors of Canada confirmed Wednesday morning that it will reduce the number of its dealers across the country by about 42 percent.

In a press release, the company at the request of federal government and the Ontario explains that she has decided to accelerate its restructuring and to submit a recovery plan _ including a reduction of its network of dealers _ stronger than it had submitted on 27 April.

The manufacturer has specified that its dealers will be informed of the details in the day _ whose names retail keys _ this measure to rationalize its network.

GM has said it intends to realize this rationalization primarily in its urban markets to maintain a viable network throughout the country. General Motors of Canada estimates that by the end of the process, its network of dealers will be more competitive with higher volumes.

The news was broadcast Tuesday night by a news station continuously Toronto who had obtained information from a source within GM. The company did not immediately confirm the news, waiting to do this rather late Wednesday morning.