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GM offers vehicle discounts to staff
Asia Pacific News.Net
Tuesday 19th August, 2008
General Motors Corp has told staff it will better its usual ten percent discount.
The employee discounts will apply to almost all of its 2008 and some of its 2009 models as it seeks to clear its remaining inventory of 2008 vehicles.
The only vehicle the offer will not extend to is the medium-duty truck range.
The discount comes at a time when GM, the largest U.S. automaker, is struggling to boost its declining sales amid a weak economy and a rapid shift in demand away from its traditionally popular trucks and SUVs.
GM's U.S. sales fell 26 percent in July and are down 18 percent year to date.
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