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Jul 06, 2006 -- GM, Ford and Chrysler want your biz

American car sales are down almost 20 percent, with GM down the most at 27 percent. On the other hand, Asian automaker sales are taking off. Asian automakers have had a focus on fuel economy that goes back several decades, in part because their gas prices have been so high. Their perspective is different than ours because they were paying $4 a gallon when we were paying $1. As a result, Asian car makers can’t keep cars on their lots, especially those that get more than 30 miles per gallon. Now, American car makers are pulling out all of the stops to sell more cars. They are offering employee discounts, zero financing and 30-day returns. It cost 5 percent of the vehicle to return it, which isn’t cheap. But it’s still unheard of in the car business. American workers can make cars that are just as good as those made in other countries. They just haven’t put the effort into it. And what is an American car anyway? Is a Chevy made in Korea an American car? What about a Japanese car made in Kentucky? It’s all pretty mixed these days. But the bottom line is if you want a GM, Ford or Chrysler, you can get a great deal. Used vehicles are also heavily discounted right now. So, shop around.

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