General Motors announced today that January sales were down 49 percent with a total of 129,227 vehicles delivered last month. Retail sales were down 38 percent. To boost sales, GM announced a new round of incentives that include 0 percent financing and more cash back programs. The company said that a total of 923 GM hybrid vehicles were delivered in the month,

Starting today consumers will be able to choose 0 percent financing for up to 60 months, 1.9 percent for 72 months and an additional cashback that range from $1,000 to $2,000 in addition to outgoing incentives.

According to Automotive News, GM’s President Day Sale includes many of its best-selling vehicles including the Chevy Malibu, Silverado pickup, the Buick Enclave SUV and the Cadillac CTS sedan.

Related Posts:

  1. Chrysler sales down 30% in May, announces new incentives for June
  2. Lamborghini profits ups 27 percent in 2008, expects sales to drop in 2009
  3. GM kicks off 0 percent loans and cash incentives
  4. Ford reports 16 percent drop in May, SUVs and trucks down 44 percent
  5. Ford’s expects Feb sales to drop by 10 percent

blog comments powered by Disqus