UPDATE 3-GM returns to employee pricing to lift sales

Newswire

(Recasts with confirmation from GM) By Soyoung Kim and Kevin Krolicki DETROIT, Aug 18 (Reuters) - General Motors Corp , aiming to boost sagging sales, rolled out a major promotion for U.S. dealers on Monday that includes employee-level discounts on almost all the Chevrolet cars and trucks in its showrooms. The sweeping discount offer takes effect on Wednesday and marks GM's return to a strategy it had abandoned in the last two years in an effort to make its pricing more transparent and ...

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