GM Gives Car Buyers 'Locked-In' Rates
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General Motors Corp. GM.N will offer  car buyers nervous about rising interest rates a chance to  lock-in today's low rates in a bid to boost its sluggish U.S.  sales, car dealers briefed about GM's new sales incentive plan  said on Tuesday.
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General Motors Corp.  on Tuesday  said that overall 2006 U.S. auto sales were likely to come in  below the 2005 total because of higher interest rates and  gasoline prices.
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DETROIT, May 23  â The General Motors Corporation has put up a 49 percent stake in its former financial arm as collateral for a $4.1 billion revolving line of credit, the company said late Wednesday.
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General Motors Corp  reached a  pioneering deal with the United Auto Workers union that will  force almost 400 workers out of a &quot;jobs bank&quot; program that  guarantees nearly full wages and benefits when the automaker  eliminates work or closes factories.
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General Motors offers consumers chance to lock in today's rates, but there's this five-year clause.
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General Motors Corp. will offer its broadest and longest spread of interest-free loans later this month when it holds a three-day sale to clear inventories of 2004 model-year vehicles, dealers said on Tuesday.
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Automakers got off to a rough start in 2008, but General Motors served up a surprise on Friday with higher sales in January on strong demand for its new car models.
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General Motors Corp reached a pioneering deal with the United Auto Workers union that will force almost 400 workers out of a "jobs bank" program that guarantees nearly full wages and benefits when the automaker eliminates work or closes factories.
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GMAC, the former finance arm of General Motors Corp. , said on Tuesday it would receive another $1 billion from GM and warned it would be hit by pressure from a weakening market for U.S. mortgages.
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Lagging sales and lower-to-flat net vehicle pricing has General Motors Corp. searching for ways to trim costs, but the world&#39;s largest automaker doesn&#39;t expect drastic operational changes
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General Motors has a new pitch for car shoppers to coincide with an expected rate hike Wednesday from the Federal Reserve. GM&#39;s program, called &quot;Lock &#39;n&#39; Roll,&quot; will give shoppers who buy a
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DetroitÂs big rebates and interest-free financing deals have strengthened car sales for the last three years. But they have also eroded the resale value of many American automotive brands.
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Business groups have broadly welcomed the Bank of England&#39;s decision to keep interest rates on hold this month. The Monetary Policy Committee (MPC) announced at lunchtime on Thursday that they would be maintaining the base rate at 4.75 per cent.
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The slumping housing industry, already hitting Americans hard in two areas - escalating adjustable-rate mortgages because of the credit crisis and decreased borrowing power due to declining home values - is now sending tremors through the automotive industry.
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General Motors Corp  expects the  U.S. auto industry to increase incentives and promotions to  maintain sales above the 16 million mark in 2008, GM's North  American sales chief told Reuters on Tuesday.
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DETROIT, Michigan : General Motors Corp. dealers are scaling back their orders for new 2005 model year cars and trucks amid slow sales of older models, the Wall Street Journal revealed.
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General Motors Corp. said on Tuesday it sees the U.S. seasonally adjusted annual selling rate for vehicles in September at 16.7 million.