Wednesday, September 16, 2009

If you don't like it, give it back!

General Motors North America has announced a new advertising campaign, being called 'May the Best Car Win,' that will allow unsatisfied buyers to return their new GM automobile up to 60 days after purchase for a full refund.

The new program has a few limitations--for instance, the buyer must be up to date on his or her payment, the car cannot have more than 4000 miles on it, etc.--but overall, it is a customer-oriented push towards helping buyers gain some confidence in GM. While GM looks much different these days, post-bankruptcy--with the cancellation of the floundering Saturn brand, and the phasing out of Pontiac to merely a small, limited offering of a few vehicles through Chevrolet--GM hopes that this new incentive will revive their reputation, as well as their bottom line.

A 'money-back' guarantee is quite the drastic step for GM North America. It will be a difficult task for the company to win over the public and improve brand image. GM appears to be aware of such difficulty--they are spending $2 billion on advertising per year--and by most accounts, it will likely be a very critical time for the company's health. One is left to wonder, however, what will remain for the automotive giant if this new approach is unsuccessful.

1 comment:

  1. We all know GM will never be the same....and that is a good thing. Middle America will always have a soft spot...Impala's, Bel Aires, wagons and so many trucks and SUV's that no one could keep track! Please make sure that the Corvette Team is never let out of the building. They have their act together.

    Enough about GM. I think you gentlemen have fallen asleep at the blog. How about some verbiage on Audi? Still to stuck in BMW land?

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