Price incentives

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.

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.