GM to offer interest-free auto financing-report

Newswire

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 ...

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