GM to launch new round of discounts

March 17, 2009 3:33:08 PM PDT
A US automaker is ready to roll out more incentives to lure more strapped car buyers. According to The Financial Times, General Motors is will soon launch a new round of discounts and other promotions in an effort to boost slumping sales.

Gm is expected to hold off on the unspecified discounts until the government decides whether to give further financial aid to the struggling auto industry.

GM's sales dropped almost a full percentage point last month.