Detroit – It took General Motors Corp. exactly six months to start cheating on its incentives diet.
GM announced in January that it was lowering sticker prices on three-quarters of its U.S. vehicles, a move designed to allow the automaker to rely less on costly incentives to sell its vehicles and to take aim at competitors that have been sapping market share.
But on Tuesday, as the automaker predicted slower U.S. sales overall this year, it said it will briefly bring back some incentives to clear inventory as the 2007 model year approaches.
GM will offer zero-percent financing for up to six years on most Chevrolet, Buick, Pontiac and GMC models during a sale that begins Thursday and ends July 5. The automaker also said its June sales likely will be 30 percent lower than the same month last year.
