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U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012. REUTERS/Shamil Zhumatov (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

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U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012. REUTERS/Shamil Zhumatov (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

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Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012. REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

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GM dealers would be cut by October 2010: GM dealer letter

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DETROIT | Fri May 15, 2009 10:56am EDT

DETROIT (Reuters) - General Motors Corp said in a letter to some U.S. dealers affected by its consolidation plans that it does not expect contracts to continue past October 2010.

* Tells terminated dealers that market conditions, financial performance not

sustainable for franchises-letter

* Tells terminated dealers planning on dealer cuts not final yet-letter

* Tells terminated dealers they have until the end of May to submit new

information-letter

* Tells affected dealers believes it is best to have open communication

regarding planning process-letter

* Tells dealers that it reviewed sales effectiveness, volume, profitability,

location and other factors in making decisions-letter

(Reporting by Poornima Gupta)
U.S.
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