Tuesday, August 29, 2006
As forcast last week by GeneralWatch and reported in today's Automotive
News, GM once again proves why management has no credibility. Wait until the
folks who recently took delivery find out that they missed the boat as GM
gives another example of why LaNeve and Company are not to be believed and
should be immediately shown the door. How about the hard working retail
personnel who had planned family vacations with the kids before school? In
other words, thanks folks for working so hard, now choose between making
dough and spending quality time with loved ones.
Remember how GM lowered prices a few months back? The charade of "value pricing" was truly nothing more than a masqueraded manuever to cut dealer margin. This veiled effort was exposed by the subsequent raising of prices on '07's. Bottom line, the dealers once again get screwed. Management is not to be trusted.
Toyota moves forward as GM leaps backwards. Time to face the facts, General
Motors is without question one of the world's worst run companies and the
blame needs to be placed squarely upon the ineffective and irresponsible
GM adds $500 to $1,500 cash to incentives
Dale Jewett | | Automotive News / August 29, 2006 - 12:18 pm
DETROIT -- General Motors has added cash rebates that range from $500 to
$1,500 to many of its 2006 and 2007 models. In most cases, the rebates are
in addition to low-interest financing programs GM has been offering.
The one-week program, timed to coincide with the Labor Day holiday, started
today and is scheduled to end Tuesday, Sept. 5.
In general, the bonus rebates are $500 for cars, $1,000 for pickups and
crossovers and $1,500 for SUVs.