GM Offers Long, No-Interest Loans on Trucks

By Michelle Krebs July 30, 2007

General Motors began offering zero percent financing for up to 60 months on its Chevy_silverado_210 full-size Chevrolet Silverado and GMC Sierra pickup trucks over the weekend and will continue through September 4.

The incentives are in response to similarly aggressive ones being offered by Ford, Chrysler and Toyota on their trucks.

GM reports second-quarter earnings Tuesday and is expected to announce disappointing sales again for July. Edmunds.com is forecasting a nearly 19 percent fall in year-over-year sales for GM, which reports sales on Wednesday.

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