Photo: General Motors / Courtesy
General Motors will require people who have lease contracts for their cars to return the vehicles to their dealers once the lease ends , also if they decide to cancel it , according to Car & Driver. The brand joins the decision of other companies such as Honda and Acura, which made the same decision in this regard and have similar policies. This measure prevents customers from accepting offers from other buyers, even though they are better and stems from a problem that has been plaguing the company for months, even affecting its production: the shortage of chips .
Recently, General Motors decided to halt production of its full-size pickups due to a global semiconductor shortage . The company reduced several shifts in some of its plants and was affected as happened to its rival Ford, with whom it is also discussing the use that it made the word “Cruise” in its new hands-free driving system, a word that already existed in two of its trademarks some years ago.
Despite being made official from the beginning of this month, the measure will remain at least until the end of this year due to the low supply of brand new vehicles already the incredible demand that used vehicles have had in recent months, a demand that has caused their prices to exceed those registered by those cars that have just left the production line .
Despite this measure, Car & Driver assures that the brand has not completely prohibited the v sale of one of your used vehicles to other buyers , but it has made it a much more difficult process by increasing the restrictions, including the need to buy the contract lease to General Motors, as if it were a title deed, to later be able to sell the vehicle to other buyers.
Despite Motivated by chip shortages and increased demand for used cars, these types of measures are not new. Also according to Car & Driver, Ford has had a similar policy for a long time , even before the problems stemming from the pandemic.
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