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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. While 2005 ...
On May 30, 2009, it was announced that a deal had been reached to transfer New Opel (Opel plus Vauxhall, minus Saab) assets to a separate company majority-owned by a consortium led by Sberbank of Russia (35%), Magna International of Canada (20%), and Opel employees and car dealers (10%). GM was expected to keep a 35% minority stake in the new ...
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [2] GM cars and trucks were sold globally ...
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Last year, Volkswagen was the most profitable automaker in the world, reporting a huge $15 billion in operating profit. That blew away the totals from Toyota and General Motors , the two ...
Viking. In the late 1920s, American automotive company General Motors (GM) launched four companion makes to supplement its existing lineup of five-passenger car [a] brands, or makes. [b] The companion makes were LaSalle, introduced for the 1927 model year to supplement Cadillac; Marquette, introduced in 1929 for 1930 [c] to supplement Buick ...
The W-platform (also known as the W-body) was a General Motors automotive platform underpinning both mid size and full-size front-wheel drive cars — across the platform's three generations from 1987-2016. Code named GM10, the program began development in 1982 under Chairman Roger B. Smith and debuted in 1987 with the Pontiac Grand Prix, Buick ...
Last year, Volkswagen was the most profitable automaker in the world, reporting a huge $15 billion in operating profit. That blew away the totals from Toyota and General Motors , the two ...
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