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GMs Strategy for Strengthening Residual Values and Boosting Profit
2013-04-03 03:36:43| AutomotiveDigest.com - Automotive Industry News
General Motors Corp. is aiming at boosting its profit margin by $200 million annually by improving resale values. Residual values rose to 44% last year from 36.5% in 2009 during bankruptcy reorganization, ALG says. Strong residuals mean that GM can offer customers lower monthly lease payments, as the cost is based on projected resale values [...]The Article GMs Strategy for Strengthening Residual Values and Boosting Profit appeared first on Automotive Digest.
Tags: values
strategy
profit
residual
Category:Automotive