GM plans to offer 0% financing for up to 72 months starting tomorrow and running through next Monday. The special Hail Mary offer will be valid on approximately 80% of the automaker's unsold inventory, and is a last-ditch effort to show at least passable June sales. And, to ensure GM has to repeat this profit-draining stunt next year, the company will raise the prices for most of its 2009 models by approximately 3.5%.
From http://jalopnik.com/396837/gm-to-offer-zero+percent-financing-raise-prices-screen-hummer-buyersThe murmuring about Hummer being up for sale got credence with the news that Citibank has been retained to conduct a "strategic review" of the brand. Our little birdie has told us that Citibank's real job is to screen potential buyers.