By Ben Adlin
Daily Journal Staff Writer
When General Motors Corp. and Chrysler LLC declared bankruptcy in 2009, the companies used Chapter 11 restructurings to axe roughly 2,800 dealerships - 30 percent of the nationwide total. Before, an auto manufacturer wanting to close dealerships would have faced stiff oposition that might have made the endeavor impossible. State laws governing franchise agreements generally favor dealers over automakers, and terminating ...
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