Auto News – Daily Last Auto News

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Automotive Account reports, “Since ablution its money-back-guarantee program, General Motors Co. has had one chump acknowledgment a vehicle, GM Vice Chairman Bob Lutz said today.” The aggregation says it “has awash about 150,000 cars back the affairs began,” and has offered every client the befalling to yield the 60-day money-back guarantee, or acquire a $500 banknote allurement in its place. “Just over 100″ barter acquire taken the guarantee, Lutz says, and alone one has alternate the car.

Even the one acknowledgment doesn’t absolutely calculation adjoin GM. Jalopnik notes, “A chiral manual Corvette was alternate afterwards the disciplinarian annoyed of canoeing gears. What’d he get instead? An automated model.” Yes, he traded a Corvette for a altered Corvette — not absolutely a abolishment of the Corvette.

The 60-day guarantee, if it was aboriginal launched, Autoblog comments, the move “seemed like a appealing big action for the beginning out of defalcation automaker.” Now, it looks like an apparent success. “Since the 60 Day Agreement action began one ages ago, those 100 participants acquire addition ages to change their minds. Even if all 100 eventually adjudge to acknowledgment their Chevy, GMC, Buick or Cadillac, we’re cerebration that’s in fact a appealing low number.” The affairs runs through the end of November, unless GM should adjudge to extend it.

The aggregation actual able-bodied may extend the offer. It appears to be allowance GM advertise added big-ticket cars – something it is accomplishing added auspiciously than a lot of of its rivals. Motor Trend notes, “GM’s boilerplate transaction amount in September jumped $8,000 to $35,069 while the industry boilerplate grew alone $3,613 to $30,327.”