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Photo credit: GM. General Motors is starting up a new EV First Responder Training program to go along with its expanding lineup of electric vehicles that includes the Chevrolet Bolt EV, GMC Hummer ...
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 ( US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 ( US$3,390 ).
The General Motors ignition switch recalls refers to February 6, 2014 when General Motors recalled about 800,000 of its small cars due to faulty ignition switches, which could shut off the engine while the vehicle was in motion and thereby prevent the airbags from inflating. [1] The company continued to recall more of its cars over the next ...
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
GM's strong performance also resulted in the company lifting its 2024 guidance. The company now sees full-year adjusted EBIT of $12.5 billion-$14.5 billion, up from an outlook of $12 billion-$14 ...
For the quarter, GM reported top-line revenue of $44.7 billion, beating street estimates of $42.82 billion. GM's Q2 revenue rose 25% from a year ago and 11.8% sequentially.
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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