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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
Likewise, the Free Press reported on Jan. 23 that UAW-represented workers at Ford also began receiving $50,000 buyout offers. The window for eligible employees to sign up for that program was ...
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.
After ratification, there will be a six-month window for past employees of GM's former Lordstown Assembly plant who were active at the plant on Nov. 26, 2018 — the day GM announced it would ...
On the morning of June 1, 2009, Chevrolet-Saturn of Harlem, a dealership in Manhattan that is 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. [41]
In 1926, the company introduced the Pontiac brand and established the General Motors Group Insurance Program to provide life insurance to its employees. [16] The following year, after the success of the 1927 model of the Cadillac LaSalle designed by Harley Earl , Sloan created the "Art and Color Section" of GM and named Earl as its first director.
General Motors (GM) was founded in 1908 by William C. Durant as a holding company for Buick, which had been founded by David Dunbar Buick in 1903 and controlled by Durant since 1904. [4] Durant intended for GM to replicate his business model as a horse-drawn coachbuilder , where he had found success by quickly acquiring outside companies in ...
About 79,000 U.S. employees, 9,000 in Canada, 517,000 retirees and surviving spouses and more than 3,000 dealers are eligible for the program, the Detroit Free Press reported.