Jan 28, 2010

GM will give 1000 dollars to Toyota owners to switch brands


General Motors said Wednesday it would give owners of Toyota cars and trucks $1,000 or free financing if they would by one of their vehicles.

A day after Toyota suspended sales of eight models in the United States due to accelerator problems, arch-rival GM raced into the breach with the offers.

The incentives are available through the end of February.

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