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General Motors Cash for ClunkersAs we noted yesterday, a lot of auto dealers have decided to pull out of the popular "cash for clunkers" program. This comes as a result of lack of payment by the government, and today General Motors said that it will start to advance dealers the cash that they are due from the government related to the program.

Today's announcement by General Motors marks a change in company policy, which had earlier stated that it was not in a position to come to the aid of its dealers.

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General Motors comes to dealers rescue originally appeared on BloggingStocks on Thu, 20 Aug 2009 16:30:00 EST. Please see our terms for use of feeds.

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