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Image source: The Motley Fool. General Motors (NYSE: GM) Q4 2024 Earnings Call Jan 28, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
Sales incentives are part of business; GM is managing them well One area General Motors improved on in 2024 was getting profit-eroding incentive spending under control.
GM said its inventory stood at around 627,000 vehicles entering Q4, which is around 50 to 60 days of supply entering a typically busy holiday period, and incentives in Q3 were 4.5% of average ...
Connecticut- up to $3,000 can be regained via rebate with Connecticut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) program. Delaware- The state government offers a $2,200 rebate to lease or buy an EV. They also have a $1,100 rebate to convert a combustion engine into a pure electric vehicle. [17]
Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. 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 ...
Chrysler was the most notable of all during this promotion, with its "Employee Pricing Plus". Characterized by generous incentives combined with rebates on most Chrysler, Dodge, and Jeep models, Chrysler claims their offer bests those "employee discount" prices offered by General Motors or Ford Motor Company.