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.