GM announces customer cash incentives on 2006 and 2007 models

Tuesday, August 29, 2006
GM announces customer cash incentives on 2006 and 2007 models
Associated Press






DETROIT -- General Motors Corp. announced Tuesday that it will offer $500 to $1,500 in bonus cash on many of its 2006 and 2007 models.

The offer is good until Sept. 5, and in most cases, comes in addition to previously announced low-interest loan and customer cash offers.

The cash offer does not apply to GM's-hotter selling models, including the Pontiac Solstice; Saturn Sky, Aura and VUE Green Line; Chevrolet Corvette; the 2007 GMC Yukon/Yukon XL Denali; Hummer H1; and 2007 Cadillac Escalade.

The company is offering $500 in bonus cash on many of its cars, $1,000 on many of its pickups and car-based sport utility vehicles, and $1,500 on some of its truck-based SUVs.

Company spokesman John McDonald said the incentives are merely the company's annual Labor Day sale and not a sign that it is backing away from its strategy of trying to bring sale prices closer to the sticker prices.





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