
General Motors also culled its dealer network this year, but at least it gave those it blackballed a year to wind down their operations. Chrysler offered less than 30 days. It was a financial wipeout, with dealers forced to liquidate their inventories for pennies on the dollar. Hundreds of brand loyalists that tried to "grab life by the horns" ended up getting gored.
By Stacy Cowley, CNNMoney.com small business editor
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