General Motors Coronavirus Financial Relief and New Car Incentives
In the wake of the economic upheaval accompanying the coronavirus pandemic, General Motors is taking a multi-pronged approach to help its customers buy vehicles, while at the same time trying to give comfort to those who just purchased one.
Earlier this year, the auto industry enjoyed one of its best Februarys in recent history. Now, travel and business restrictions, assembly plant closures, health-related lockdowns, and a struggling stock market have thrown automakers into an unexpectedly difficult situation.
With both factories and some dealerships closed for months, it will be hard for car companies to regain the momentum built during the past several years. But General Motors has assembled a variety of coronavirus car payment plans and initiatives in a bid do just that.