GM Offers Incentives to Boost Sales

By: Associated Press
By: Associated Press

General Motors Vice Chairman Bob Lutz says he is well pleased with the automaker's August sales numbers.

Lutz says July sales came in weaker than GM wanted. That and deals offered by competitors prompted the automaker to increase August incentives.

GM had registered year-on-year sales declines of about 20 percent in both June and July.

Lutz said while attending an automotive research seminar in Traverse City, Michigan today that GM's market share was at its second-highest level of the year because the overall market dropped.

J.D. Power and Associates says GM retail sales were off 14 percent during the first week of August compared to a year ago. Toyota and Ford also were down nearly as much.


WILX.com is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

Keep it clean, keep it civil, keep it truthful, stay on topic, be responsible, share your knowledge, and please suggest removal of comments that violate these standards.

powered by Disqus
WILX 500 American Road Lansing, MI 48911 517-393-0110
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 9070601