By Michelle Krebs WASHINGTON – General Motors CEO Fritz Henderson and Chrysler President Jim Press found themselves on the hot seat yet again in Congress Wednesday as they testified that it is essential to cut thousands of dealers in order to survive. And once again, much as Detroit Three executives were at last fall's hearings for federal loans, the executives were grilled and skewered by members of Congress. Dealers being put out of business and dealer association executives chimed in as well.
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GM, Chrysler Defend Dealer Cuts in U.S. Senate
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