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Old 06.23.2008
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GM offers 6-year, no interest loans

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NEW YORK (CNNMoney.com) -- General Motors will offer large financing incentives to clear out a backlog of 2008 model year vehicles, the nation's No. 1 automaker said Monday.

At the same time, GM (GM, Fortune 500) announced price increases averaging 3.5% on most 2009 models.

GM also announced it is cutting production of trucks and SUVs through the end of the year. Sales of large pick-up trucks and SUVs have been down sharply this year as gas prices have risen and the economy has slowed.
Read More Here >> CNN Money
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Old 06.23.2008
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GM"S decline makes me very sad!! Then I look at the stock, thats nearly dropped by 10 dollars just in the last few months, and I become even more upset!!
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