DETROIT -- General Motors says it will offer employee discounts to everyone starting Wednesday, Aug. 20. The sale will apply to all of GMs eight brands.
We are going to have an employee-discount-for-everyone program, GM spokesman John McDonald confirmed Monday.
GM formally announced the program earlier today.
In a memo to Buick-Pontiac-GMC dealers, GM said the sale would run Aug. 20 through Sept. 2. For the B-P-G channel, the employee pricing would apply to all 2008 models and the 2009 Pontiac Vibe. Customers could get up to $6,000 cash plus the employee discount.
The memo says 91 percent of B-P-G inventory is eligible for the sale.
All 2008 Chevrolet models also would be eligible for the discount, a dealer said. The discount would apply to 90 percent of Chevrolet inventory.
GM says the sale will apply to all eight brands.
Typically, an employee discount offers a substantial savings.
The discount will vary depending on the vehicle line. But consumers can expect price cuts of several thousand dollars. For instance, a 2008 Buick Enclave crossover that lists for $44,010 will sell for an employee price of $39,561. A Buick Lucerne sedan that lists for $35,220 carries an employee price of $31,813.
GM, in its announcement today, said it is marketing its employee pricing incentive as a 100th anniversary present for consumers. GM celebrates its 100th anniversary on Sept. 16.
Customers can get the GM employee price on all 2008 models remaining in stock with the exception of medium-duty trucks. The incentive is effective for the Chevrolet, Pontiac, Buick, GMC, Saturn, Cadillac, Saab and Hummer brands. Also eligible are the following 2009 models: Chevrolet Cobalt, Chevrolet HHR, Pontiac Vibe, Pontiac G5 and Cadillac CTS.
We have 100 years of innovation behind us, but whats ahead is even more exciting, said Mark LaNeve, vice president of GM North America vehicle sales, service and marketing, in a prepared statement. To celebrate, were offering the employee discount to everyone on our 2008 and some of our 2009 models. This is a phenomenal offer for consumers.