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Filed under: Car Buying , Buick , Cadillac , Chevrolet , GM , HUMMER , Pontiac , Saab , Saturn Wow, there are some great deals to be had at the moment from General Motors. Not the least of which is on the Corvette, specifically the Z06 model, which we've had nothing but good things to say about, even at its $72K asking price. Now that GM is offering all of its models at employee prices, that cost drops by about ten grand! A Z06 for $62,653? Yes please... if only our meager blogging budgets would allow it. Similarly, a Caddy XLR-V can be had for $84,771.80 -- about a $15,000 discount. Need an SUV? May we suggest a Hummer H3 for about $23K? Those in the market for a luxury sedan could certainly do worse than a Cadillac STS-V for $66,640.88 after some $14K in savings. Of course, practical shoppers can take five-grand off their Saturn Aura XR sedan and end up paying just $21,634.28 for the privilege. We're having way too much fun with this and there is plenty of other news we need to...
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Filed under: Car Buying , Marketing/Advertising , Buick , Cadillac , Chevrolet , GM , GMC , HUMMER , Saab , Saturn It is no secret that the automotive industry is hurting for sales to close out 2008. Over the past few months incentives have been thrown out left and right to draw in more buyers. The deals have not done enough to bring folks into the showroom, though. With all the media talk of bleeding Detroit, consumers know that the domestic manufacturers have been holding out on their best offers. Perhaps the memory of 2005's employee pricing incentives has kept many waiting on the fence. With 2009 models heading to dealerships as we speak, General Motors is hoping to end the stalemate. It will be testing the waters of employee pricing yet again beginning Wednesday, August 20th and running through September 2nd. The employee discount program will apply across all 8 GM brands. Buick, Pontiac and GMC dealers will mark down 91 percent of their inventory on all 2008 models, along with...
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Filed under: Car Buying , Buick , Cadillac , Chevrolet , GM , GMC , Pontiac , Saturn During a dealer teleconference today, General Motors announced it would be launching a zero-percent financing sale beginning tomorrow, while simultaneously raising the prices of its 2009 vehicles. The "72-hour sale" will run from June 24th through the 30th, and will offer customers 0-percent interest rates for 72 months on most Chevys, Buicks, Pontiacs and GMC vehicles. So far, there's no word on whether the offer will extend to Cadillac and Saturn. GM will also offer $500 in "bonus cash" to buyers who opt to purchase GM products outright rather than leasing them. At the same time, the General is going to be raising the prices of 2009 models by an average of 3.5-percent "across the board," something that was bound to happen, according to Mark LaNeve, GM's vice president of vehicles sales, service and marketing. On the production front, GM will be adding a third shift...
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Filed under: Car Buying , Buick , Chevrolet , GM , GMC , HUMMER , Pontiac , Saab , Earnings/Financials Yesterday we wrote about GM's intent to shrink its 14,118-strong dealer network , with one idea to combine Pontiac, Buick, and GMC dealers into larger, more modern flagship outlets. Turns out that was only part of the plan: according to Automotive News , "General Motors is preparing to make public a plan to encourage the creation of superstores in major metro areas that would carry every GM brand." These superstores, which would be called GM Collections, are being evaluated for major metropolitan markets where the real estate itself is more valuable than the dealer franchise. For dealers interested in such an outlet, GM's idea is to move service and parts centers off-site to make room for all of the brands. Some dealers think that's a turn-off for consumers, others report good results. In LA, this has been standard practice for a while, with some service departments...
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