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<blockquote data-quote="Weather Man" data-source="post: 16722295" data-attributes="member: 137766"><p><a href="https://insideevs.com/" target="_blank"><img src="https://img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1ehqEd.img?w=36&h=36&q=60&m=6&f=png&u=t" alt="Inside EVs" class="fr-fic fr-dii fr-draggable " style="" /></a></p><p><a href="https://insideevs.com/" target="_blank">Inside EVs</a></p><h3>GM Threatens To Cut New EV Allocation For Dealers Applying Markups</h3><p>Dan Mihalascu - 6h ago</p><p></p><p>© Motor1.com Copyright</p><p>[ATTACH=full]1735184[/ATTACH]</p><h4>Automaker says it will take action against dealers that apply markups and use brokers who promote new GM vehicle allocation.</h4><p>General Motors wants to deter its dealers from applying markups to its upcoming range of electric vehicles. </p><p>Following <a href="https://insideevs.com/news/559386/ford-threatens-dealers-f150-lightning/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">Ford’s example</a>, GM has issued a warning letter to dealers tempted to request additional markups from customers. Posted by the <em>Silverado Evolution</em> forum, the letter sent by GM North America president Steven Carlisle via email is pretty straightforward, with the main takeaway being that the automaker will not tolerate such practices.</p><p>After mentioning upcoming product launches like the <a href="https://insideevs.com/news/558852/2024-chevrolet-silverado-ev-unveiled/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">Chevrolet Silverado EV</a>, GMC Hummer EVs, GMC Sierra EV, and <a href="https://insideevs.com/news/562125/first-preproduction-cadillac-lyriq-rolled/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">Cadillac Lyriq</a>, for which GM is working hard to meet customer demand amid the semi-conductor shortage, the executive issued a clear warning to dealers tempted to profit from the short supply and apply markups.</p><p></p><p>The letter continues with Steven Carlisle reminding dealers of their obligation to "<em>ethically and lawfully sell GM products,</em>" as stated in Article 5 of the Dealer Sales and Service Agreement (DSSA). He also speaks against dealers that work with brokers who promote new GM vehicle allocation, which is a breach of the <a href="https://insideevs.com/general-motors/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">GM</a> DSSA.</p><p>Carlisle ends the letter by threatening action against dealership markups and use of brokers, like redirecting their vehicle allocation.</p><p></p><p>Now that we know GM's official stance on additional dealer markups, it will be interesting to see if the letter will be enough to put an end to such practices.</p><h3>Check out these stories on additional dealer markups</h3> <ul> <li data-xf-list-type="ul"><a href="https://insideevs.com/news/557986/30000-markup-ford-f150-lightning/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">Report: $30,000 Dealer Markup On Ford F-150 Lightning Spotted</a></li> <li data-xf-list-type="ul"><a href="https://insideevs.com/news/557827/mercedes-eqs-50000usd-dealer-markup/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed" target="_blank">Buyer Rejects $50K Dealer Markup On Mercedes EQS, Gets Lucid Air</a></li> </ul><p>Source: <a href="https://www.silveradoevolution.com/forum/threads/gm-to-dealers-no-silverado-ev-dealer-markups-or-lose-your-allocation.6485/" target="_blank">Silverado Evolution</a></p></blockquote><p></p>
[QUOTE="Weather Man, post: 16722295, member: 137766"] [URL='https://insideevs.com/'][IMG alt="Inside EVs"]https://img-s-msn-com.akamaized.net/tenant/amp/entityid/BB1ehqEd.img?w=36&h=36&q=60&m=6&f=png&u=t[/IMG] Inside EVs[/URL] [HEADING=2]GM Threatens To Cut New EV Allocation For Dealers Applying Markups[/HEADING] Dan Mihalascu - 6h ago © Motor1.com Copyright [ATTACH type="full"]1735184[/ATTACH] [HEADING=3]Automaker says it will take action against dealers that apply markups and use brokers who promote new GM vehicle allocation.[/HEADING] General Motors wants to deter its dealers from applying markups to its upcoming range of electric vehicles. Following [URL='https://insideevs.com/news/559386/ford-threatens-dealers-f150-lightning/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']Ford’s example[/URL], GM has issued a warning letter to dealers tempted to request additional markups from customers. Posted by the [I]Silverado Evolution[/I] forum, the letter sent by GM North America president Steven Carlisle via email is pretty straightforward, with the main takeaway being that the automaker will not tolerate such practices. After mentioning upcoming product launches like the [URL='https://insideevs.com/news/558852/2024-chevrolet-silverado-ev-unveiled/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']Chevrolet Silverado EV[/URL], GMC Hummer EVs, GMC Sierra EV, and [URL='https://insideevs.com/news/562125/first-preproduction-cadillac-lyriq-rolled/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']Cadillac Lyriq[/URL], for which GM is working hard to meet customer demand amid the semi-conductor shortage, the executive issued a clear warning to dealers tempted to profit from the short supply and apply markups. The letter continues with Steven Carlisle reminding dealers of their obligation to "[I]ethically and lawfully sell GM products,[/I]" as stated in Article 5 of the Dealer Sales and Service Agreement (DSSA). He also speaks against dealers that work with brokers who promote new GM vehicle allocation, which is a breach of the [URL='https://insideevs.com/general-motors/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']GM[/URL] DSSA. Carlisle ends the letter by threatening action against dealership markups and use of brokers, like redirecting their vehicle allocation. Now that we know GM's official stance on additional dealer markups, it will be interesting to see if the letter will be enough to put an end to such practices. [HEADING=2]Check out these stories on additional dealer markups[/HEADING] [LIST] [*][URL='https://insideevs.com/news/557986/30000-markup-ford-f150-lightning/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']Report: $30,000 Dealer Markup On Ford F-150 Lightning Spotted[/URL] [*][URL='https://insideevs.com/news/557827/mercedes-eqs-50000usd-dealer-markup/?utm_source=msn.com&utm_medium=referral&utm_campaign=msn-feed']Buyer Rejects $50K Dealer Markup On Mercedes EQS, Gets Lucid Air[/URL] [/LIST] Source: [URL='https://www.silveradoevolution.com/forum/threads/gm-to-dealers-no-silverado-ev-dealer-markups-or-lose-your-allocation.6485/']Silverado Evolution[/URL] [/QUOTE]
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