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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.
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In November 1911, Durant co-founded Chevrolet with race car driver Louis Chevrolet, who left the company in 1915 after a disagreement with Durant. [21] General Motors Company share certificate issued October 13, 1916. GM was reincorporated in Detroit in 1916 as General Motors Corporation and became a public company via an initial public offering.
Jon Hall Chevrolet owner and former Daytona Beach Mayor Glenn Ritchey Sr. named Chevrolet Dealer of the Year for the 20th time.
Randolph High School (New Jersey) Randolph Township Schools; S. Shongum, New Jersey This page was last edited on 2 January 2014, at 18:14 (UTC). Text is ...
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