GM, Ford Raise US Sales Incentives
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General Motors Corp. (GM.N: Quote, Profile, Research) and Ford Motor Co. (FN: Quote, Profile, Research) launched new US sales incentives on Friday as both automakers struggle with falling
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General Motors Corp. GM.N will offer  cash rebates as high as $7,500 on some 2004 models in its new  "Red Tag" incentive program to be launched on Dec. 10 in an  effort to boost sales after two disappointing months, dealers  said on Wednesday.
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A month-end sales blitz of incentives by General Motors Corp.  and Ford Motor Co.  to clear out older vehicles will spur a slight rise in U.S. car and truck sales for September, analysts said.
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General Motors Corp. GM.N and Ford  Motor Co. F.N on Tuesday capped 2004 with another month of  weaker sales, but a stronger performance by top foreign  automakers pushed results to their highest levels since the  record month of October 2001.
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Automakers weren&#39;t as generous with consumer incentives in October as they were in September, but US shoppers can expect a new round of deals as manufacturers, particularly General Motors Corp.
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General Motors Corp. (GM.N: Quote, Profile, Research) on Friday said its US sales soared a surprising 20.5 percent in September, but the US automaker also cut production
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After slow sales last month, General Motors increases rebates on 2005 model-year cars and trucks. NEW YORK (CNN/Money) - After a drop in sales last month, General Motors Wednesday announced increased cash incentives on 2005 model year cars and trucks.
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Shares of General Motors Corp   and Ford Motor Co.  rose on Friday after Deutsche Bank  raised its rating on the two U.S. automakers, citing the  potential to reduce health-care costs through an agreement with  the United Auto Workers union.
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General Motors Corp said its September sales jumped 25per cent, boosted by strong demand for its pick-ups and sport-utility vehicles.
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Ford Motor Co.  on Tuesday said U.S. vehicle sales rose 5 percent in September amid signs that sales of pickup truck and sport utility vehicle were stabilizing.
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Ford Motor Co. (FN) posted its fourth consecutive month of weaker US sales with a 7 percent drop in September results on Friday, and the automaker doubled its incentives on some models to kick-start sales this month.
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General Motors Corp  on Tuesday  said U.S. sales rose more than 5 percent in August, boosted by  strong demand for its pickup trucks and sport utility vehicles.
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Ford Motor Co.  on Tuesday said  U.S. vehicle sales rose 5 percent in September amid signs that  sales of pickup truck and sport utility vehicle were  stabilizing.
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General Motors Corp. and Ford Motor Co. , the two largest US automakers, briefly discussed an alliance or other type of cooperation, a person familiar with the talks said.
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Ford Motor Co said on Wednesday it will  offer interest-free loans for up to six years on 2004  model-year vehicles, while rival General Motors Corp., raised  cash incentives for hurricane-affected consumers in Florida and  Alabama.
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The nation's two biggest automakers, General Motors Corp. and Ford Motor Co. , reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their US sales.
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DETROIT -- Toyota reported a 17 percent rise in its US sales in August, while GM sales increased 3.9 percent from a year ago as the companies said buyers looked to more fuel-efficient offerings. But Ford's sales dropped 11.6 percent and sales by Honda and DaimlerChrysler each fell 3.2 percent.