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Chevrolet (/ ˌ ʃ ɛ v r ə ˈ l eɪ / SHEV-rə-LAY), colloquially referred to as Chevy, is an American automobile division of the manufacturer General Motors (GM).. Louis Chevrolet (1878–1941), Arthur Chevrolet (1884–1946) and ousted General Motors founder William C. Durant (1861–1947) started the company on November 3, 1911 [2] as the Chevrolet Motor Car Company.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
On the morning of June 1, 2009, Chevrolet-Saturn of Harlem, a dealership in Manhattan that was owned by GM itself, filed for bankruptcy protection there, followed in the same court by General Motors Corporation (the main GM in Detroit), GM's subsidiary Saturn LLC, and Saturn LLC's subsidiary Saturn Distribution Corporation. [3]
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Nickey Chevrolet (also called Nickey Chicago) was a Chevrolet automobile dealership located in Chicago, Illinois, USA. Founded in 1925 by brothers E.J. and Jack Stephani, Nickey Chevrolet became one of the largest factory dealerships, specializing in high performance muscle car sales and services.
Chevrolet's successful mid-size car produced during 1964–1977 Chevy Van: 1964 1995 3 Chevrolet's long run van line-up Caprice: 1965 1996 GM B: 4 Chevrolet's most popular full-size car produced during 1965–1996 [1] Camaro: 1966 2023 General Motors Alpha platform: 6 Pony/muscle car. Available in coupe and convertible body styles. K5 Blazer ...
Van Nuys Assembly was a General Motors automobile factory in Van Nuys, California.The plant opened in 1947 producing Chevrolet Advance Design trucks. Later it would produce several different models including Chevrolet full-size (Caprice, Impala, etc.), Chevrolet Corvair, Chevrolet Greenbrier, Chevrolet Chevelle, Chevrolet Nova / Buick Apollo / Oldsmobile Omega / Pontiac Ventura, and Chevrolet ...
As a result, General Motors announced that Saturn Corporation would be ceasing all operations in 2010, and that all Saturn dealerships would be closed by October 31, 2010, or until all of their inventory had been sold. GM ended Saturn production October 7, 2009 [18] and ended its outstanding franchises on October 31, 2010. [19] [20]
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