GM chief vows to stick to aggressive incentives

Newswire

By Justin Hyde SAN FRANCISCO, Jan 31 (Reuters) - The head of General Motors Corp. vowed on Friday that the world's largest automaker will stick to its strategy of boosting sales through aggressive incentives, saying it was good for GM and the industry. Chairman-elect and Chief Executive Rick Wagoner also said the U.S. market for new vehicles could grow by 1.8 million units over the next 10 years, thanks to a growing population, a strong economy and continued price cutting. "There's ...

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