GM offers year-end 'Red Tag' sale to clear '07 inventory

Newswire

DETROIT, Nov 19 (Reuters) - General Motors Corp is offering zero-percent financing for five years to clear out 2007 inventory, while also giving dealers incentives for 2008 models as the automaker tries to boost sales in a soft economy and a weak housing market. The "Red Tag" sale, which started Nov. 15 and ends Jan. 2, is offering no-interest loans for five years on all 2007 models of Chevrolet, Pontiac, Buick, GMC and Saturn, excluding the Chevrolet Corvette and the C-4500 series ...

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