Bill Heard Chevrolet – was this the first General Motors domino to fall?

What happens when large dealerships begin to fail in a large conglomerates distribution chain?

Several months ago one of General Motors largest dealerships failed. Regardless of reputation of the dealership should our crystal balls have told us that this may have been the first of many dominos to topple? Was this another effect of an overextended period of historic low interest rates that caused over consumption by consumers, over production by manufacturers, and over inventorying by dealers with each and every one of the groups over leveraging themselves along the way?