There must be a reason why all Detroit 3 are under new management. ;) ;)
GM Slates Sweeping Rebates
> As Toyota Closes In on No. 1
>
> By JEFF BENNETT, NEAL E. BOUDETTE and SERENA NG
> June 24, 2008; Page A1
>
> On the verge of ceding its crown as America's best-selling car company,
General Motors Corp.
announced further production cuts as well as sweeping new incentives on
> many 2008 models -- a reversal of recent strategy and a fresh sign of how
> badly rising gasoline prices are slamming auto makers.
>
> GM, Ford Motor Co. and Chrysler LLC have been trying for over two years to
back away from
heavy incentives, which eat into profit margins and tarnish brands in the
> eyes of some consumers. But a worsening of the slump in car and
> light-truck sales this month is forcing the Detroit companies to go all
> out to halt sales declines.
>
>
formatting link