Skip to main content

When Bankruptcy Gets Tough, The Tough Turn To eBay

When Bankruptcy Gets Tough, The Tough Turn To eBay

In a trial move, over 200 of GM’s California vehicle dealerships are preparing to test-launch branded eBay marketplaces aimed at selling Buick, Pontiac, Chevy, and GMC vehicles via the Web via auction site eBay. The offers will be available through special branded domains—like gm.ebay.com, chevy.ebay.com, gmc.ebay.com, pontaic.ebay.com, buick.ebay.com, etc.—as well as through eBay’s existing eBay Motors site and general search listings. The idea—described as a "first-of-its-kind promotion" enables users to purchase new vehicles through participating California GM dealers; the trial will run from August 11 through September 8, 2009.

"Together with eBay Motors, GM and our dealers are reinventing the car-buying experience for our California customers," said GM’s VP of U.S. sales Mark LaNeve, in a statement (PDF). "As the dealer showroom expands from the parking lot to the laptop, this makes it easier for a customer to browse available new-car inventory, make an offer, buy it now, or send a message asking for more information from a dealer—all at the customer’s convenience."

The sites will include tools to help users compare pricing, as well as determine whether they’re eligible for a trade-in under the U.S. government’s current "cash for clunkers" stimulus program. Customers will be able to purchase cars at fixed prices, or enter into price negotiations with a dealer through the site.

GM has just emerged from a rapidly-processed bankruptcy proceeding that cleansed the world’s largest automaker of massive amounts of debts and financially burdensome contracts that threatened the company. Of course, it remains to be seen whether—even without those burdens—GM can reform its processes and culture and become a profitable, sustainable vehicle manufacturing business.

Editors' Recommendations

Geoff Duncan
Former Digital Trends Contributor
Geoff Duncan writes, programs, edits, plays music, and delights in making software misbehave. He's probably the only member…
Are robotic pool cleaners worth it?
The Airper Seagull SE robotic pool cleaner at the bottom of a swimming pool.

The worst part of owning a swimming pool is taking care of it From filter maintenance and skimming debris from the surface to managing chemicals and more, you'll likely find yourself hanging out around the water more often than you're actually in the water. Robotic pool cleaners are designed to alleviate this pinch point of pool ownership by giving you back your time and automating most of your tasks.

But are robotic pool cleaners worth it, or are they a gimmick that still require heaps of manual input? Here's a closer look to help you decide if one would be a good addition to your backyard.
Budget-friendly devices are often a hassle

Read more
Best Buy cut this air fryer’s price in half, down to just $25
The Bella Pro Series 3 Quart Air Fryer near food.

If you want your food crispy all over without having to deal with draining a ton of oil, your best bet is to use an air fryer. They're never too expensive and there are always great air fryer deals going on, but you'll rarely find one with a price like this. Right now, the Bella Pro Series 3 Quart Analog Air Fryer is half off, moving its price from $50 to $25. To pick yours up today all you need to do is tap the button below. If you're interested in our take, however, be sure to keep reading.

Why you should buy the Bella Pro Series 3 Quart Air Fryer
The Bella Pro Series 3 Quart Air Fryer holds up to about 2.5 pounds of food, heats up to 400 degrees, and has easily-removable dishwasher-safe parts. If you notice it is "analog" that is because it has a 60 minute shut off timer to give you peace of mind and an easy way to time your cooking. Of course, this means there aren't a ton of digital options, buttons, and settings. However, this can be a plus for some and possibly you. Not every item in the home needs to be "smart" and less can certainly feel like more.

Read more
Revolution Cooking’s high-speed smart toaster is $100 off today
Someone using the Revolution Cooking InstaGLO R180 smart toaster in the kitchen.

If you're thinking about getting a new toaster for your kitchen, why not go with a high-speed smart toaster? Best Buy is currently selling the Revolution Cooking InstaGLO R180 smart toaster with a $100 discount, slashing its price to $250 from $350 originally. There's no telling how much time is remaining before this offer expires though, so if you're interested, it's highly recommended that you proceed with the purchase right now in order to secure the savings.

Why you should buy the Revolution Cooking InstaGLO R180 smart toaster
Are smart kitchen gadgets worth it? The answer is a resounding yes, and the Revolution Cooking InstaGLO R180 smart toaster will show you why. With this kitchen device, you'll no longer suffer from burnt or uneven toasts as it's powered by the brand's InstaGLO heating system. The technology will start toasting your bread in just two seconds without any need for preheating. You'll get bread that's crunchy outside and moist inside every single time, which is a huge upgrade over the inconsistencies of traditional toasters.

Read more