WASHINGTON, March 5 /PRNewswire-USNewswire/ -- The following is a statement by Ed Tonkin, chairman of the National Automobile Dealers Association:

"The announcement by General Motors today of its intent to reinstate 661 dealers is a significant move forward in advancing the state of dealer relations. We're eager to work with Mark Reuss and his team as they focus on restoring stronger ties with their dealers.

"We appreciate the good faith effort that GM is showing and hope that this carries forward in its continuing settlement and arbitration discussions with the remaining wind-down dealers."

About NADA: The National Automobile Dealers Association, founded in 1917, is located just outside the nation's capital. NADA represents nearly 17,000 new-car and truck dealers, with approximately 37,500 franchises, both domestic and international.

SOURCE National Automobile Dealers Association

RELATED LINKS
http://www.nada.org/