A Chevrolet dealer in Davenport, Iowa is being sold back to General Motors following some alleged fraudulent sales reporting.
In fact, incentive spending as a percentage of ATPs was down a full percentage point.
The offer is valid through July.
Employees of schools, colleges and universities are eligible for a discount.
The company will also continue to reach out to affected vehicle owners.
March Truck Month has been extended for April with even better terms.
Profit sharing checks for GM employees are now 11 percent larger.
Seven million people have used their GM Card towards the purchase of a new vehicle.
Don’t expect so much cash on the hood going forward.
The offer is pretty attractive, but GM is losing more money on the car as a result.
December is a huge selling month for trucks, and GM can’t afford to lose sales.
Buick’s new payment plan looks to simplify three separate elements into one monthly bundle payment.
The Australians plan on co-investing with GM to keep the plant open, but what if GM wanted to leave anyway?
The program plans to offer quarterly financial bonuses to those dealerships that agree to renovate their buildings and meet the training and customer service goals set forth by the company.
The two current major markdown mobiles are the Chevy Impala and Aveo, posting incentives rated at 21.6 percent and 19 percent, respectively, off the sticker price.
To help persuade GM to keep building its SUVs in Texas, the Arlington City Council voted 9-0 for a 90 percent tax abatement on the new equipment needed and will be in effect for seven years, saving the company $1 million each year in the process.
The project is expected to cost $130 million, will add 25 new jobs, and will occupy about 30 acres of land. Chances are this investment can be tracked to part as GM’s $2 billion nationwide investment plan as well.
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