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On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
A return is costly for the vendor and inconvenient for the customer; any return that can be prevented benefits both parties. Returned merchandise requires management by the manufacturer after the return. The product has a second life cycle after the return. An important aspect of RMA management is learning from RMA trends to prevent further ...
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ACDelco is an American automotive parts brand owned by General Motors (manufactured by GM are consolidated under the ACDelco brand, which also offers aftermarket parts for non-GM vehicles. Over its long history it has been known by various names such as United Motors Corporation , United Motors Service , and United Delco .
The Magnuson–Moss Warranty Act (P.L. 93-637) is a United States federal law (15 U.S.C. § 2301 et seq.). Enacted in 1975, the federal statute governs warranties on consumer products. The law does not require any product to have a warranty (it may be sold "as is"), but if it does have a warranty, the warranty must comply with this law.
GM Components Holdings is an automotive components producer and distributor based in the United States. It is a subsidiary of General Motors . GMCH was created in 2009 as a result of the bankruptcy filings of both Delphi Corporation and General Motors.
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
Image credits: PCoda As per Investopedia, there is a strong correlation between brand loyalty and profitability. For example, the Harvard Business School reports that increasing customer retention ...