Report: GM Shuttering 264 Canadian Dealerships

Toronto television station is reporting that 264 General Motors dealerships across Canada will find out Wednesday that they are being shut down.

TORONTO (CP) -- A Toronto television station is reporting that more than 250 General Motors dealerships across Canada will find out Wednesday that they are being shut down.

News station CP24 says the letters were initially supposed to be sent out by the end of the month.

But the report quotes a GM source as saying the company will now send them to 264 auto outlets on Wednesday.

The company recently stated that 300 of the country's 700 dealerships were slated for closure.

GM dealers employ about 33,000 people nationwide.

A call to General Motors for comment was not returned Wednesday night.

The report comes as the car maker and the Canadian Auto Workers try to hammer out concessions so the company will be eligible for billions in federal and provincial government aid.

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