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GM to strip Cadillac dealership count
In an effort to streamline its dealership count, General Motors says it’s planning to substantially cut back the number of Cadillac outlets it has to make the brand more closely resemble its far more efficient German and Japanese rivals. Cadillac’s 1,400 dealers sold an average of 110 cars last year compared to Lexus‘ 226 dealers that sold 1,158 cars on average. [Read more...]