Monday, October 17, 2005

AUTO INCENTIVES - Can they last the round?

General Motors and other auto companies who now have to give incentives to move sales each quarter are like wounded boxers trying to survive the round. Too bad, in order to win a fight you must look at the complete picture and not round by round.
General Motors seeks a jump-start to sales that have stalled since its popular employee discount pricing program ended.
It's offering a $500 gas card with the purchase of a 2005 or 2006 mid-size or full-size pickup or SUV.

The world's number one automaker also is reviving a program that allows customers who already lease GM products to get out of their contracts up to six months early. Those eligible must have leases that expire between November first and April 30th.

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