The owner of a G-M-C dealership in northeast Nebraska has learned he will be able to hang on to his franchise. Darrell Pietz, of Pietz GMC in Hartington, says they were ready to go into an arbitration hearing with General Motors.
Pietz says G-M evidently looked at all of the 661 cases headed to arbitration and decided which ones it likely would lose and just decided to give them back their dealerships. General Motors was ready to drop thousands of dealers as the automaker went through bankruptcy and a government bailout.
Pietz says it’s a good feeling to get past the possibility of losing the GMC franchise. “At first I was skeptical because I hadn’t heard anything about it but then I got the second call and they said we’d gotten back in,” Pietz says. “I was just relieved. I was tired of going in to work every morning and you never quite know what’s gonna’ happen.”
Pietz says they are starting to see a supply of new trucks beginning to trickle back onto the lot. Pietz GMC has been in business over 55 years.
Thanks to Jerry Oster, WNAX, Yankton