GM Offers $1.99 Premium

GM has started a program for California residents for 11 of its vehicles (4 cars, 7 light trucks and SUVs) where the automaker will guarantee $1.99 premium fuel for consumers for a year. The estimated savings for an H2 Hummer driven 15,000 miles would be $2,270. It currently takes dealers 145 days to move an H2. How does the program work?

"The automaker will issue monthly prepaid debit cards to reimburse eligible customers the difference between $1.99 a gallon and the average price of premium gasoline in California — determined by AAA's monthly survey — even if they use cheaper regular."

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