Positive Post of the Day: 60 Day Return Policy Won't Be Ruinous for GM Edition

Edward Niedermeyer
by Edward Niedermeyer

But only because dealers will be forced to give up a half a percent of their profit margin, reports Automotive News [sub]. Good thing Mark LaNeve says volume will be higher. Otherwise that might suck for the dealers. As Bob Lutz puts it, “We’re putting our money down that if people buy one of our vehicles and don’t absolutely love it, we’ll take it back. Three or four years ago, this would have been a huge risk. We are now so confident of our vehicles, we can afford to take this risk.” Actually, Bob, it sounds like you’re putting the dealers’ money down. But, hey, at least that way it’s not taxpayer money! Who’s feeling positive?

Edward Niedermeyer
Edward Niedermeyer

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4 of 19 comments
  • FloorIt FloorIt on Sep 10, 2009

    I take it the title of this post is tongue-in-cheek. It won't be ruinous but like what the CFC did for GM, it won't really help either. Just another bandaid fix to increase sales somewhat.

  • Anonymous Anonymous on Sep 10, 2009

    No it won't be ruinous for GM, it's already ruined. It will be ruinous for us, the long suffering Taxpayers, who will also soon become banbkrupt providing welfare for incompetent Yuppie Welfare QUeens like LaNeve (does the clown still have his Job? Sickening!)

  • Jeff Puthuff Jeff Puthuff on Sep 11, 2009
    gslippy : If GM had so much confidence, this offer wouldn’t expire on November 30. Bingo. This is just another gimmick like the 'red tag' and 'friends & family' sales.
  • Rod Panhard Rod Panhard on Sep 11, 2009

    So it says there are so many cars to choose from in America. And one of the logos is Fiat. So either they've had this commercial on ice since, oh, "Oh Mickey" by Toni Basil settled in at #12 on the pop charts. Hey Editors ... why not have a Positive Earth topic of the week so that we can get some inside laughs at the expense of people who might have once been a member of the Positive Earth Society.