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July 19, 2005

Employee Discounts for All Swamps Car Dealers with Buyers - Including Us

The Detroit News reports that buyers are clearing out the 2005 inventory and that July sales are 50% above last year’s.

GM, struggling with lackluster sales, bloated inventories, and North American automotive losses, jump-started industry sales in June when it introduced employee pricing on new cars and trucks for all consumers.

The result was a 47 percent spike in June sales. Total industry sales jumped 16 percent, and are now up 1.9 percent this year after a weak start.

Ford and DaimlerChrysler AG’s Chrysler Group — which initially scoffed at GM’s offer — essentially matched the deal in early July.

The best part of the deal for consumers: No haggling!! You get the employee price! We became one of those buyers. We had been looking but when Ford matched the deal we bought a new Expedition.

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