GM, Chrysler Dealer Closings to be Audited by U.S. Treasury

WASHINGTON -- The dealership terminations by General Motors Co. and Chrysler Group will be audited by the inspector general for the U.S. Treasury Department's financial bailout, the inspector is expected to say in congressional testimony. In written testimony due to be delivered today before the Senate Banking Committee, Barofsky says his dealer audit "will examine the process used by General Motors and Chrysler to identify which automotive dealerships should be maintained or terminated."
Source: Automotive News