GM offers rebates to existing Toyota customers
January 29th, 2010 - 12:37 am ICT by Aishwarya BhattWashington, Jan 28 (THAINDIAN NEWS) Toyota is recalling millions of vehicles and its customers are thoroughly annoyed with it. And now to stem the various quality concerns, they are going to halt the production and sales of 8 models in the US. These 8 models also include Camry and Corolla, which are the top-selling cars in the US market. The other carmaker companies are taking full advantage of the situation.
GM is now offering huge rebates to the existing Toyota customers, in a bid to lure them towards its stable. They are also financing their new models at very low rates for the existing Toyota customers. Ford is also offering $1000 to owners of Toyota vehicles, to take one of Ford vehicles, in place of their Toyota.
According to a statement by GM, ‘the incentive program, which will run through the end of February, includes:
• Toyota leaseholders can get up to $1,000 in lease payments to terminate their Toyota lease and buy or lease a GM vehicle. It applies to Chevrolet, Cadillac, Buick and GMC vehicles.
• Financing buyers can get zero percent interest rates for 60 months on most GM vehicles.
• Cash buyers can get $1,000 down-payment assistance to get into a GM vehicle.’
- General Motors sells over 186,000 vehicles in October - Nov 02, 2011
- Cash-for-clunkers programme boosts US car sales - Sep 02, 2009
- GM Recalls 1.5 Million Vehicles Due To Fire Risk! - Jun 09, 2010
- GM recalls 1.5 million vehicles because of fire hazard - Jun 09, 2010
- GM Issues Recall Of 1.5 Million Cars - Jun 09, 2010
- Budget impact: Toyota Kirloskar to increase prices - Mar 16, 2012
- GM to recall over 1.5 million vehicles over fire concerns - Jun 09, 2010
- Toyota To Recall Priuses? - Feb 05, 2010
- GM to close down Hummer as its sale to Chinese firm fails - Feb 25, 2010
- Chrysler, Ford sales up in January - Feb 02, 2012
- Toyota Jumps To Damage Control Mode After Announcing A Massive Recall - Feb 02, 2010
- GM Recalls Vans Owing To Fire Risk - Mar 28, 2010
- Toyota to unveil their 2012 Camry today - Aug 24, 2011
- Toyota Recall Creates Confusion Among The Car Owners - Jan 29, 2010
- Another Toyota Recall has been announced - Jul 02, 2010
Tags: buick, cadillac, camry, carmaker, corolla, ford vehicles, gm, gm vehicle, gm vehicles, gmc, gmc vehicles, incentive program, jan 28, lease payments, payment assistance, quality concerns, rebates, top selling cars, top selling cars in the us, toyota vehicles