Gm buyback program

• General Motors is trying to convince customers to try out its Chevy brand by treating its cars like other retailers treat T-shirts and pajamas -- by letting new buyers return a product if theyre not happy with it.
(Huffington Post)
• GM has used buy-back programs before, notably to prop up the Chevy Volt in the months after reports of battery fires threatened to unplug demand for the plug-in hybrid last year.
(msnbc.com)
• "No mystery about it — the price you see is the price you pay," GM declared. The new program already drew industry reaction this morning.
(Auto Remarketing)
• It covers 2012 model-year vehicles at prices similar to what GM offers its auto parts suppliers. Says Jesse Toprak, VP of Market Intelligence at TrueCar:  "The buyback program is an indication of how confident Chevrolet is in its' new product line up.
(Truth About Cars)
• While the legislation is important, investors should note that GM and Ford have been proactive in dealing with their pension obligations.
(Seekingalpha.com)
• The buyback program is an indication of how confident Chevrolet is in Preferred pricing based current program ensures every customer pays the same price with no haggle -- same price GM offers to its suppliers.
(MediaPost)
• Environmental lawsuits and a 2009 San Francisco judges court ruling have delayed or invalidated the USDAs GM crop approvals effective July 1. The program kicks in when the previous $1 billion buyback is completed.
(Investors Business Daily)
• The company does not pay a dividend and its share buyback program has provided little value to the share The five year average is 44.8% close to the most recently reported GM of 48.3%. Operating margins are even worse.
(Seekingalpha.com)
• TD's new buy-back program is included in any loan issued through any of the 3,500 auto dealerships in the bank's network. Several major automakers including GM, Chrysler, Mazda and Kia are participating in the program.
(Hamilton Spectator)