November 9, 2007

GM Canada announces new price incentives

Oshawa, Ontario – General Motors of Canada has announced that it is introducing a series of new price incentives to augment its highly-competitive lease and finance rates.

Effective immediately, GM will cover a one per cent GST reduction for all cash and finance customers until the new GST rates take effect on January 1, 2008; offer new cash incentives ranging from $1,500 to $10,000 on select models, including the Cadillac Escalade, Chevrolet Corvette, GMC Yukon and all 2008 Saab models; and launch its year-end “Wish and Win” event, which gives GM customers the chance to win a new car or up to an additional $10,000 toward the purchase of a new GM car or truck.

“Coming off our strong October sales increases, we are moving beyond our great lease and finance rates to offer GM customers even greater value,” said Marc Comeau, GM of Canada’s vice-president of sales, service and marketing. “We know consumers have been focused on the high Canadian dollar, so we are going to continue to show them that the best value on the industry’s best vehicles can be found at their local GM Canada dealership.”

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