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the discount really works

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Old Jul 1, 2005 | 12:21 PM
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Default the discount really works

http://biz.yahoo.com/ap/050701/auto_sales.html?.v=8


"...GM, the world's biggest automaker, said June amounted to its best month since September 1986..."
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Old Jul 1, 2005 | 12:39 PM
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It worked last month.

What are they gonna do this month?
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Old Jul 1, 2005 | 12:44 PM
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I'm waiting for Employee Discount and 0%
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Old Jul 1, 2005 | 12:58 PM
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employee discount and 0% will land me in a CTS-V or a new Vette for sure
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Old Jul 1, 2005 | 01:09 PM
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too bad the vette is exempt from the employee discount
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Old Jul 1, 2005 | 02:36 PM
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So if you lower the price of something people will buy more of it?

Who knew? Oh, that's right, Adam Smith.
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Old Jul 1, 2005 | 10:12 PM
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agree about the law of supply and demand.
I would have given serious thoughts to getting an American car if I had known about this before getting my current car 3 months ago. too bad. They should have heavily advertise it beforehand.
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Old Jul 2, 2005 | 12:50 AM
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Yeah, but: (also from the article)

"Asian brands also continued their surge last month. Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all posted their best June sales periods ever in the United States, while South Korea's Hyundai Motor Co. said June was its best single month on record."

So all the other companies also had really, really good months....
I have no doubt that the discount helped GM, but how much of that 41% was due to the economy (as evidenced by the other automakers' success)?
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Old Jul 2, 2005 | 02:58 AM
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ford didnt have a good month
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Old Jul 2, 2005 | 05:28 AM
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Originally Posted by Palmateer,Jul 1 2005, 03:39 PM
It worked last month.

What are they gonna do this month?
Exactly. I'm all for the resurgence of American car manufacturers, but it's been made very apparent their car designs cannot carry them alone. The GM guys better hit the drawing board!
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