Saturday, August 20, 2011

Conklin-Fangman will close June 13 - Kansas City Business Journal:

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The dealership, at 3200 Main St. in Kansas was notified by (NYSE: GM) on Tuesdaty that its franchise agreement woulf not be renewed in October 2010 and decider to liquidate as soonas possible, General Manager David Hughes said “We just want to get it over he said. “People aren’tf going to want to buy cars from adealer that’s not goingy to be here to take care of Employees will want to move on, too, Hughesw said. The dealership, which carriesz the Pontiac, Buick, GMC and Cadillacv brands, has about 130 cars on its lot. Any not sold will be sent to the remaininh stores incentral Kansas, he said. “Itr was a shock,” Hughes said.
“We were expectin g a reinstatement, not a wind-down.” Salesw had been down, but they were on par with national he said. The letter didn’g provide an explanation. from Majo Cadillac Pontiac Buick GMC. Before that, it had been a GM franchises for 99 years with theMajor family. The dealership’s holdinbg company, , also owns dealerships called Conklim Carsin Salina, Hutchinson and Newton, Kan. GM, , is trying to pare its 6,000-dealer network to the 3,60 top-performing dealers. The company’s sales have plummetedd amid the recession.

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