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General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...
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 main federal incentive for consumers to purchase fuel efficient vehicles is to give tax credits. States also have their own incentive programs to further incentivize fuel efficient vehicles in their own states. These incentives range from more tax credits, to discounts on insurance, to price reductions on car registration fee's.
An auto rebate could save you the most money on your car overall, depending on how much the rebate covers. Even though you will pay interest on your loan, it will be interest on a lower amount.
In an 8-K filing submitted by GM on Thursday, the automaker says it expects to take a $1.5 billion pre-tax charge, and up to $300 million in pre-tax, non-cash pension curtailment charges. GM said ...
General Motors and Chrysler took government bailouts, and Ford added massive amounts of debt on its own to avoid the same fate. Dealerships, meanwhile, couldn't Ford and GM Incentives: Good or Bad ...
The Car Allowance Rebate System ( CARS ), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus ...
Cadillac quietly offered some customers a big discount off the new Lyriq if they agreed to let GM study their driving data, stay mum on the vehicle.
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