GM (GM) Gives The Store Away

Posted: August 18, 2008 at 10:45 am

Gm20jpeg20image_2GM (GM) will celebrate its 100th birthday by offering incentives and losing more money on each vehicle.

According to Reuters, "GM had scheduled briefings for U.S. dealers, representing all of its brands from the mass-market Chevrolet to the upscale Cadillac."

The shares are off over 3% on the news. Happy Birthday.

Douglas A. McIntyre

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