DETROIT – General Motors Corp. cancels plans to develop an independent, joint-venture website with its dealers. The $50 million JV, called AutoCentric, was going to generate online car sales for GM and its dealers and, possibly, other auto makers. GM planned on selling half the JV to its dealers and fund the other half itself but says the business model is not feasible right now. The site was an attempt by GM to lure Internet shoppers from successful third-party websites, such as ...
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