Slaggin' Sales Bring New Promos...
As I write this entry it is currently 31 degrees with the wind coming out of the west at approximately 15 mph and lightly flurrying. Why the weather update in Milwaukee, WI.? Because it is one of the final nails in the sales coffin that I currently reside.
Although I am in a market that is currently depressed for several factors (weather up here being one of them), I wouldn't trade my spot with GM for anything outside of a billion dollars, U.S.
Although GM promised it would eliminate incentive based selling on it's '06 products, it has already reneged on the deal. Moving away from "Value Pricing," it has opted for what is known as the "Red Tag" event. This particular sales event will run from now into early January and will include special financing and rebates to move stagnant swamp product including '05 and '06 models. Autoextremist.com has a nice take on it at their site (scroll down the page half way). They put is best with the comment at the end of their short take in reference to GM's "Death Spiral."
The question is, where does the "Death Spiral" lead?