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Employee pricing. 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 ...
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 ...
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 ...
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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 ...
1918 also saw personnel increase at GM. The number of employees grew from about 49,000 workers to 85,000 workers. Many came from the South of the United States, as well as from Europe, to work at GM Michigan facilities. To accommodate them, GM began to build employee housing with the nearly $2.5 million set aside for the project.
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 ...
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 ...
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