Edmunds.com Reports True Cost of Automotive Manufacturer Incentives for December 2007

admin — Wed, 09 Jan 2008 07:40:10 +0000

Automakers Boost Incentives in Attempt to End Year on a High Note

SANTA MONICA, Calif. — January 3, 2008 — Edmunds.com, the premier online resource for automotive information, estimated today that the average automotive manufacturer incentive in the U.S. was $2,472 per vehicle sold in December 2007, up $197, or 8.7 percent, from November 2007, and up $157, or 6.8 percent, from December 2006.

GM Canada Announces New Price Incentives

admin — Fri, 09 Nov 2007 13:40:30 +0000

Oshawa, Ontario (November 8, 2007) – General Motors of Canada today announced that, building on strong October sales growth and its hot new vehicle lineup, the company is introducing a series of new price incentives to augment its already highly competitive lease and finance rates.

Effective today, GM Canada will:
o Cover a 1% GST reduction for all of our cash and finance customers until the new GST rate takes effect on January 1, 2008.
o Offer new cash incentives ranging from $1,500 up to $10,000 on select models, including the Cadillac Escalade, Chevy Corvette, GMC Yukon and all of our 2008 Saab models.

Price incentives

Edmunds.com Reports True Cost of Automotive Manufacturer Incentives for December 2007

Automakers Boost Incentives in Attempt to End Year on a High Note

GM Canada Announces New Price Incentives