Chevrolet Price Increase Effective February 18, 2009

[Ken Fichtner]

Chevrolet will announce revised 2009 model year prices effective with vehicles produced on or after February 18, 2009. Select model and option dealer discounts will be reduced. Dealer invoice amounts will increase accordingly.

Dealer price schedules will be available in GM Dealerworld under Sales &/Or F&I Tabs effective February 18, 2009. Reference administrative message #VSF20040006 (dated February 26, 2004) for more information regarding this web site.

Sold order price protection eligibility dates are dictated by the customer and dealer order dates as follows:

-Customer order date must be prior to the date of the price increase.

-GM systems order date (date dealer enters in GM system) must be no more than one work day after the date of the price increase.

These units will be invoiced at prices in effect at the date of production; however, the dealer open account will automatically be credited for the price increase once the unit has been delivered.

Generally, fleet orders are invoice price protected (i.e., bid center FBC order types, VQ orders). All other fleet orders will be price protected according to the bona fide sold retail price protection policy above. Refer to the price protection effective date on the invoice.

It is anticipated that this pricing information will be available for the majority of models in the Order Workbench Configure a New Vehicle process at 8:00AM EST Friday, February 20, 2009. All models should be complete and available in Order Workbench by 8:00AM EST on Thursday, February 26, 2009.

The revised pricing will be reflected in GM AutoBook with data version 147.2 which will be available on Thursday, February 19, 2009.