Author Archives for gpelitemotors
- September 11, 2017
- Automakers, Manufacturing, Production
- Posted by gpelitemotors
- Comments Off on Toyota Camry, Honda Civic inventories rise, report says

The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such [...]
- September 10, 2017
- Not categorized
- Posted by gpelitemotors
- Comments Off on Home
3 months or 3,000 miles (whichever occurs first) of coverage and roadside assistance with a 0 deductible that is available on most vehicles. In addition, the warranty can be extended up to 60 months and 100,000 miles
FinancingGP Elite Motors works with many different lenders in order to find the right financing option for you. Apply now and get pre-approved !
Trade-In Tired of your current vehicle and want to save money on Taxes ? We take care of your Trade-In ! Any Car, Any Condition ! What are our Hours of Operation? We work by appointment only Please call or email us for your personal showingFiat exercises option to buy additional 3.3{d7ed0bb12af44b2a085b42ac188286394ac85feeb073ef83642911599b0d2435} of Chrysler shares
Purchase brings closer a merger of the two automakers- September 10, 2017
- Automakers, Manufacturing, Production
- Posted by gpelitemotors
- Comments Off on Fiat exercises option to buy additional 3.3{d7ed0bb12af44b2a085b42ac188286394ac85feeb073ef83642911599b0d2435} of Chrysler shares

Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company [...]
About Us
GP Elite Motors - Family owned and operated- September 10, 2017
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That being said, we will give you an amazing deal for the trouble.- September 10, 2017
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