GM shifts from rebates to price cuts. Remember when GM began offering their Employee Discount for Everyone deal? More car makers followed suit soon after. Now GM is forced to change its strategy by cutting prices and offering improved warranties. These deals will affect the 2006 models; details about another program for moving 2005 inventory out will be released tomorrow.
The New York Times published this news as well.
Updated February 6, 2012 and originally published August 1, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.