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TAG SEARCH RESULT: General Motors

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June 7, 2011

May Sales Reflect Effects of Parts, Production Shortages

May saw sales increases for Chrysler, GM and Mercedes-Benz, while Ford sales stayed consistent with the year-ago period. Due to parts and production shortages in Japan, import brands Honda, Nissan North America and Toyota Motor Sales all saw decreases compared with May 2010 sales.

June 7, 2011

GM Finance to Offer Floorplan Financing This Year

General Motors Co. said it plans to launch this year a pilot program through its captive lender, GM Financial, to make loans to dealers to buy new vehicles from the company.

May 16, 2011

GM Certifies DealerTrack's CRM, Leads System for Dealers

DealerTrack Inc. announced that General Motors has certified its customer relationship management (CRM)/Internet lead management (ILM) system for use by GM dealers using the DealerTrack dealer management system (DMS).

May 4, 2011

Automaker Incentives Hit Lowest Levels Since 2005

Edmunds.com estimated that the average “True Cost of Incentives” from automotive manufacturers in the United States was $2,118 per new car sold in April 2011, down $250, or 10.6 percent, from March 2011, and down $515, or 19.6 percent, from April 2010.

February 22, 2011

General Motors, Chrome Systems to Recognize Top Dealers for Accessory Sales

General Motors and Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., today unveiled a new awards program honoring top performing U.S. regional and national GM dealers and distributors.

February 15, 2011

GM Financial Not Looking to Replace GMAC

GM Financial’s rollout of a prime leasing program in 16 states may seem to indicate that the company formerly known as AmeriCredit is leaving its roots behind. Company officials, however, maintain that the former subprime finance company is merely sticking with the game plan General Motors set forth when it purchased the company last October: fill the finance gaps.

February 2, 2011

Edmunds.com: Incentives Didn’t End in December

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,530 per vehicle sold in January 2011, essentially unchanged from December 2010, but up $177, or 7.5 percent from January 2010.

January 27, 2011

JATO Dynamics: U.S. Vehicle Sales Recover in 2010

The new-car market in the United States experienced a gradual recovery in 2010, according JATO Dynamics, a provider of automotive intelligence.

November 9, 2010

Bush Book Defends Auto Bailout, Criticizes Detroit Three

Two years after leaving office, former President George W. Bush remains a harsh critic of the executives he believes led the U.S. auto industry down the path to self-destruction.

September 29, 2010

GM to Complete Acquisition of AmeriCredit

General Motors’ acquisition of AmeriCredit Corp. was expected to close on Friday, three days after AmeriCredit’s stockholders approved the sale. The company will be renamed General Motors Financial Company Inc. (GM Financial).