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GM is going to get a feel for if, who, and how many dealers will try to file suit within the next couple of weeks. If it looks like dealers are going to try to do battle, GM will file Ch. 11 and do exactly as Chrysler has done.
BTW, Chysler has filed in federal court, and federal laws supercede state franchise laws. Which means the dealers can cry, whine, and collect money for attorney retainers and court fees all they want...... what the judge says goes here, and if the judge grants the list of dealers to go bye-bye then so shall it be.
In other words, GM is being very nice to their dealers right now, by giving them a chance to go quietly, with plenty of notice, without getting the rug pulled out from under them.
Any GM dealer still wanting to fight this needs to keep in mind GM could just file ch. 11 and get the rug pulled out from under them quickly.
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