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GM Confirms Sales Incentives, Hires Citibank on Hummer

Reuters
Jun 23, 2008

Hummer H2 sport utility vehicles sit on the lot of a suburban Chicago dealership. (Scott Olson/Getty Images)
Hummer H2 sport utility vehicles sit on the lot of a suburban Chicago dealership. (Scott Olson/Getty Images)


DETROIT—General Motors Corp confirmed Monday it is offering zero-percent financing for 72 months on most of its 2008 models and has hired Citibank to advise on the ongoing review of its Hummer brand.

Citibank will help the No.1 U.S. automaker with the review, including assessing any potential offers from potential buyers for the military-derived SUV line, U.S. sales chief Mark LaNeve told reporters on a conference call.


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