GLENVILLE, N.Y. -- "More dealerships will close and so will many parts supplies. But I want you to know is you will be making a sacrifice for the next generation," said President Obama during a news conference Monday.

President Obama tried to make the case for bankruptcy and $30 billion more in federal tax money are necessary for General Motors.

Salisbury Chevrolet General Manager Dan Carlton said, "With the drop in business - and that's nationally - this was bound to happen."

At dealerships like Salisbury Chevrolet, they're trying to figure out what GM's new lease on life means for them.

"I don't think we do know," Carlton said. "It looks like it's structured, which shouldn't affect the daily operations of most dealers in the Capital District."

Carlton said for now it's business as usual - even as his dealership fights possible closure. GM expects to end franchise agreements with 40 percent of their dealers.

"We've already sent our packet to GM. We believe we have enough information to put up a valiant defense. Being number three in sales, top in customer service, and our training is - we're the top dealer in the area," Carlton explained.

For now, it's a tale of two worlds. At the top, US taxpayers have a majority stake in the company. Eight brands will be condensed to four, theoretically making GM more efficient. At the local level, dealerships can expect more closure letters.

Carlton said, "Salisbury has been in this area since 1968, 1969. You know, we're a hub in this community. We really are. It's kind of like Cheers on television. We have people who stop in just to see us."

Of course many questions remain, like how communities across the country will deal with dealership closures, and whether the US government will give up its control of the company or not sometime down the road...as this dealership fights for its survival.

"We just came off one of our best months we've had in new car sales," said Carlton. "People I think are realizing buying American is something they might need to do. It's good for the country."

President Obama hopes more cars will be made in America even as more production plants close. And though time will tell, there is one thing he said he doesn't want.

"I refused to let these companies become permanent wards of the state," President Obama said.