Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

New! 2.9% APR On Hummer H2s! Amazing 21% Sales Drop Spurs Big Savings!

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Environment/Energy Donate to DU
 
hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-04 12:22 AM
Original message
New! 2.9% APR On Hummer H2s! Amazing 21% Sales Drop Spurs Big Savings!
DETROIT -- "General Motors Corp. (GM, news) is for the first time offering discounted financing on its Hummer H2, the icon of the market for supersize sport-utility vehicles, amid slumping demand for large SUVs and rising gasoline prices, according to Friday's Wall Street Journal.

After a 21% sales decline in April, GM now will offer qualified Hummer customers 2.9% rates on five-year loans. GM's move comes amid a flurry of similar actions by Detroit rivals Ford Motor Co. and DaimlerChrysler AG's Chrysler unit to ratchet up discounts on SUVs in the wake of sluggish April sales. With unleaded-gasoline prices at a national average of $1.84 a gallon, and more than $2 a gallon on the West Coast and in some other places, the actions are a sign that auto makers are determined to sustain demand for big, gas-guzzling SUVs.

"We are expecting larger incentives from manufacturers to compete against the rising cost of fuel," said Allen Levenson, vice president of sales and marketing at Asbury Automotive Group, a retail chain of 100 dealerships. "If the fuel prices continue to rise, this will definitely affect the larger SUV market, and people will go to the smaller vehicles."

EDIT

To which there's really only one possible response - well, DUHHHHHHHHHHHH!!!

Printer Friendly | Permalink |  | Top
htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-04 12:30 AM
Response to Original message
1. Hummer H2...
...Free with 20 gallon fillup!

Collect all 7 colors!
Printer Friendly | Permalink |  | Top
 
Philostopher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-04 12:32 AM
Response to Original message
2. Hey, maybe this (gas prices going up) will at least drive people
Edited on Sat May-08-04 12:33 AM by nownow
to buy only what they need, instead of buying a freaking school bus to lark around the 'burbs with one kid. Too bad there isn't a pill for helping people discriminate between needs and wants -- if there was, we wouldn't be in the mess we are, I guess.
Printer Friendly | Permalink |  | Top
 
wtmusic Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-04 12:39 AM
Response to Original message
3. Y'mean people don't want to play Army anymore?
Edited on Sat May-08-04 12:39 AM by wtmusic
what a shock! :crazy:
Printer Friendly | Permalink |  | Top
 
NNadir Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-04 01:16 AM
Response to Original message
4. I can't wait to be spared the pain of even looking at these monstrosities.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu May 09th 2024, 02:21 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Environment/Energy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC