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Article: GM TO OFFER CASH ON MANY MODELS THE AUTOMAKER IS TRYING TO REGAIN MARKET SHARE.(BUSINESS)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- December 9, 2004
CopyrightCOPYRIGHT 2004 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: John Porretto AP auto writer
DETROIT -- General Motors Corp., coming off disappointing November sales and battling to regain U.S. market share, will launch a promotion Friday that includes cash bonuses on many new models beyond incentives already available.
The bonus cash could create deals worth $4,000, $5,000 or more in rebates on some 2004 and 2005 models, when combined with existing incentives.
Ford Motor Co., the nation's second-largest automaker behind GM whose sales also slumped in November, said it had no plans to match GM's enhanced offers. No. 3 Chrysler, the surging American arm of DaimlerChrysler AG, also reported no immediate intentions to ...