US: TARP audit criticises GM/Chrysler dealer cuts

A recent audit from the Office of the Special Inspector General for the Troubled Asset Relief Program (TARP) criticises the US government’s strategy of encouraging General Motors and Chrysler to quickly whittle down their dealership networks as part of their bankruptcy reorganisations, reports LA Times. The two vehicle manufacturers both Subscribe to Automotive World to … Continued

• By Webmaster
• July 19, 2010