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Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local dealerships.
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
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 $50,000 retirement incentive. The agreement also will allow GM employees at certain plants a chance to transfer to either the battery plants or electric vehicle plants when there is an opening ...
In an effort to promote its newest EVs, GM is offering them in its fleet of company cars certain GM employees get to drive. They get other new perks. GM expands list of company cars certain ...
Lansing Redistribution Center (formerly, Lansing Service Parts Operation) is a General Motors automobile parts warehouse located in Delta charter Township, Michigan at West Mount Hope Highway and Lansing Road along GTW-operated railway.
GM declined to disclose the entire number of layoffs, but a source familiar with the action confirmed more than 1,000 salaried employees would be laid off, including 600 in Warren, Michigan ...
GM moved 700 of the 1,100 employees working in the building to Detroit in February 1981, reducing their occupancy to 12 floors of the building or roughly 400,000 square feet (37,000 m 2). [69] Two months later, General Motors announced their intention to sell the building for more than $500 million while still maintaining their corporate office ...