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2007 GMC Yukon: Buy it now for $39,900 eBay

 

General Motors has cranked its way through bankruptcy in 40 days (sounds kind of Biblical, right?).

In a statement today (the Two-Way's liveblogging the press conference), CEO Fritz Henderson said GM is "working on new ways to make car buying more convenient for our customers, including an innovative new partnership with eBay in California to revolutionize how people buy vehicles online. Customers will be able to bid on actual vehicles just like they do in an eBay auction, including the option of choosing a predetermined 'buy it now' price."

Henderson says they'll work with dealers on testing the "new" idea.

Watchers of GM might remember that the company launched something like this back in February 2008, when it announced a plan to sell used cars on eBay. That one involved 3,900 dealers.

Bonus: House considers plan to protect auto dealers

UPDATE: eBay's statement, after the jump.

From Rob Chesney, vice president, eBay Motors, Marketplaces:

eBay Motors has been in discussions with General Motors to identify innovative ways to help dealers market vehicles. As the No. 1 automotive site on the Web (Nielsen//NetRatings -- March 2009), eBay Motors has unique knowledge of consumer automotive shopping behavior and a community of more than 13 million unique automotive visitors. Currently, more than 30,000 U.S. franchise and independent dealers in the U.S. utilize eBay Motors as a complementary sales channel for their businesses. In addition, several automakers, including General Motors, display certified pre-owned inventory on the eBay Motors marketplace.
At this time, no plans have been finalized with General Motors. We hope to support GM's new company and vision going forward. We are excited about a potential new adventure that supports GM's dealers by expanding on how they already reach consumers through new approaches.

categories: News

10:04 - July 10, 2009

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