GM Employee pricing discount to end on August 1, 2005

[joatmon]

http://www.freep.com/news/stat...7.htmQuote »Summary Box: General Motors ending popular employee-discount programJuly 27, 2005, 6:01 PMWHAT: General Motors Corp. said Wednesday that its employee-discount incentive program will end at close of business on Monday, as scheduled.WHAT IT IS: GM's employee-discount program, which allows consumers to pay the price usually reserved for employees, began June 1. It originally was scheduled to end July 5, but GM extended the deal through Aug. 1. The discount applies to most GM vehicles and helped boost GM's sales by 41 percent in June.WHAT'S NEXT: Ford Motor Co. and DaimlerChrysler AG matched GM's employee-discount deal in July but haven't said whether they'll extend the deals beyond Monday, when they're set to expire. http://www.wftv.com/automotive/4775918/detail.htmlQuote »GM To End Employee Discounts For AllPOSTED: 11:41 am EDT July 27, 2005DETROIT -- It looks like General Motors will end its successful "employee discounts for everyone" promotion Monday.Some analysts and dealers had suspected GM would extend the program through Labor Day.The plan reportedly was so successful that GM doesn't have enough vehicles in stock to continue the program.A spokeswoman said the company doesn't plan to announce any other incentive deals anytime soon.The discount boosted GM's sales by 41 percent in June.Rivals Ford and DaimlerChrysler matched the incentive in July. There was no immediate word on whether they will extend their programs.

[Mavrik]

Yeah Ford and Chrystler jumped on board pretty quick. Even Subaru here in Anchorage had an "employee price" for a week on 05 cars. Good deals gotta end sometime, wonder if this paid off for GM.

[nortsr]

Not so, they have been extended until Sept. 5h as announced in the Yahoo page and several other websites.