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Stock Investing > Mishs Global Economic Trend Analysis

GM, Toyota, Honda, and Grocery Store Price Wars

Mike Shedlock | Tue, 03/17/2009 - 2:45pm | General Motors, GM, Honda, price cuts, price wars, Toyota |  Add a comment

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With inventories stacking up and nowhere to put production (See Unsold Car Images From Around The World ), price wars on autos were only a matter of time. That time has arrived, and GM to cut prices to lure back US buyers . General Motors is preparing a fresh barrage of discounts and other prom
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