GM to finally lower sticker prices and cut rebates

[Chadder007]

GM news...

http://www.cnn.com/2005/AUTOS/06/13/gm_prices.reut/index.html

FRANKFURT (Reuters) - General Motors Corp will cut base U.S. sticker prices for some Chevrolet, Pontiac and Saturn brand models in a drive to boost sales, the Automotive News industry paper reported Monday.

Toyota news...

http://www.cnn.com/2005/AUTOS/06/10/toyota_prices.reut/index.html
Toyota to raise prices.

 

Wow, that's an interesting move by Toyota...but I'm sure they can afford to do it.

 

[cliftonite]

I wonder if this will impact Toyota sales or if they just end up making 2 to 3% more every year.