Detroit, MI – GM’s Stock Price Falls To Lowest in 25 years, Offers Zero Percent Financing on SUVs

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    Detroit, MI – General Motors Corp is offering zero-percent financing for 72 months on pickup trucks and SUVs as record high gas prices have hurt sales of large vehicles, a GM dealer briefed on the plans told Reuters on Monday.

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    The offer, which covers full-size pickup trucks such as the Chevrolet Silverado, will start on Tuesday and last until the end of the month, the dealer said.

    GM’s U.S. sales chief Mark LaNeve briefed dealers on the plans early on Monday

    GM shares fell 88 cents, or 6.4 percent, to close at $12.91 after plummeting to $12.75 earlier in the day. That was the lowest they’d fallen since February 1982, when they hit $12.70 per share


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    8 Comments
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    anonymous
    anonymous
    15 years ago

    How much is a tahoe LTZ ???

    Lease 24 Months 15 K miles a year

    Anonymous
    Anonymous
    15 years ago

    bye ceo of gm

    Anonymous
    Anonymous
    15 years ago

    how about an escalade? is that included in this offer?

    lavdafka
    lavdafka
    15 years ago

    there’s a new offer that incudes lights and sirens 😉

    leasing
    leasing
    15 years ago

    Ltz 24 months fully loaded about 600 inc tax

    The escelade 600 inc tax evry option in the book

    Anonymous
    Anonymous
    15 years ago

    its time the american car companies gave people what they want not what they don’t! No one wants SUVs–when the american’s did want it they hadn’t started producing them yet!

    joe
    joe
    15 years ago

    in my fake stocks game i shorted gm 2 days ago the company is in a ton of debt

    TZup?
    TZup?
    15 years ago

    i think reb bentzion was a week to early for this deal what happend to Comfort