GM Offering Dealers Cash Advances on Clunker Rebates - August 19, 2009

GM is doing well under Cash for Clunk­ers and doesn’t want to see it end abrupt­ly due to dis­grun­tled deal­ers. There­fore, the automak­er has agreed to pro­vide advances to its deal­ers “in order to meet high cus­tomer demand” for the gov­ern­ment vouch­ers for as long as the pro­gram is in effect.