The holidays are upon us, the holidays are here – what shall we do now, but sit here and drink beer sell cars… or something like that.
As is common practice in most major organizations, General Motors is looking to clear out its stock of 2009 vehicles. GM is expecting all 2009 models to be cleared out by January of 2010, with Susan Docherty, GM Vice President of sales saying that “All of our efforts will be to sell down our remaining 2009 inventory.” The holiday clearance efforts are already underway and each GM brand gets its own name for a sales event, the details of which can be found on each brand’s website:
- Chevy is having a “Red Tag Sale”
- Buick-GMC is using “Holiday Event”
- Cadillac is offering the “Season’s Best.”
Taking a look at the brand graveyard, the last bit of Pontiac and Saturn inventory is set to be sold for good. As of right now, there are about 10,000 Pontiacs and 8,000 Saturns remaining on dealer lots and Docherty said that GM is “…actually winding down those products quicker than we had anticipated.” So if you’re still in the market for a Saturn or Pontiac, we suggest you walk run to your local dealer and pick one up. Who knows, maybe the last set of Saturns and/or Pontiacs will be considered a high-priced antique in half a century (although we doubt it).[Source: Automotive News, subscription required]