UPDATE 1-GM dealers urge "proper" treatment in consolidation


* Dealers say GM should treat them 'fairly, equitably' * Dealer group: consolidation to cost GM $35 bln in rev By Soyoung Kim DETROIT, April 28 (Reuters) - U.S. dealer representatives urged General Motors Corp on Tuesday to offer "proper compensation" in its plan to eliminate more than 40 percent of its U.S. dealers in less than two years. The struggling automaker said on Monday it would reduce its 6,246 U.S. dealerships by 42 percent by the end of 2010, as part of a sweeping ...

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