DETROIT, June 23 (Reuters) - General Motors Corp. plans to begin offering zero-percent financing for six years on unsold 2006 models as soon as next week, the Detroit Free Press reported on Friday. The newspaper quoted unnamed dealers and industry sources as the basis for its report. A GM spokesman could not be immediately reached for comment. GM has cut back on its incentive spending to date this year, and executives have vowed not to be drawn back into the kind of costly price war that ...
Premium Content (PAID Subscription Required)
"GM to offer interest-free auto financing-report" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.