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GM returns to employee discounts
Sale prices said to be better than the summer employee deals, which have hit fall sales.
November 11, 2005: 6:54 PM EST
DETROIT (Reuters) - General Motors Corp. plans to launch a "red-tag sale" Sunday that will allow anyone in the United States to buy vehicles at the same price employees of GM's auto parts suppliers pay, GM dealers told Reuters.
The discounts, which will last through Jan. 3, will be available on all 2005 and 2006 Chevrolet, Pontiac, Buick and GMC models except the Chevrolet Corvette, Buick Lucerne and the Pontiac Solstice, dealers said.
A GM (Research) spokeswoman declined comment.
GM, the world's largest auto maker, has been struggling with slumping sales following a highly-publicized summer employee discount program, which pulled many potential car buyers into the market earlier than they might have been otherwise.
Dealers said the new program offers bigger savings than the employee discount program because it includes larger overall discounts.
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http://twx.doubleclick.net/click;h=...bfmid=29150849&siteid=41543454&bfpage=welcome
Sale prices said to be better than the summer employee deals, which have hit fall sales.
November 11, 2005: 6:54 PM EST
DETROIT (Reuters) - General Motors Corp. plans to launch a "red-tag sale" Sunday that will allow anyone in the United States to buy vehicles at the same price employees of GM's auto parts suppliers pay, GM dealers told Reuters.
The discounts, which will last through Jan. 3, will be available on all 2005 and 2006 Chevrolet, Pontiac, Buick and GMC models except the Chevrolet Corvette, Buick Lucerne and the Pontiac Solstice, dealers said.
A GM (Research) spokeswoman declined comment.
GM, the world's largest auto maker, has been struggling with slumping sales following a highly-publicized summer employee discount program, which pulled many potential car buyers into the market earlier than they might have been otherwise.
Dealers said the new program offers bigger savings than the employee discount program because it includes larger overall discounts.
____________________
Small cars staging a big comeback. Click here.


Find this article at:
http://money.cnn.com/2005/11/11/news/fortune500/gm_discount.reut/index.htm
javascript:void(printArticle());

Check the box to include the list of links referenced in the article.
http://victory.cnn.com/click.ng/Ori...sc=fnclickabilityworldbizprint&uniqueID=XXXXX
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