At the end of June, GM revved up the incentives again and from every indication, the showrooms were full and business was brisk.
There's only one problem...
On July 6th, when the incentives ended, GM dealerships turned into ghost towns.
I was out this weekend contemplating throwing a new Corvette into the AutoSpies.com stable and I saw the carnage first hand.
I was in one of the largest Corvette dealer's showrooms at about three in the afternoon and there was not ONE person on the lot OR in the showroom!
On a Saturday afternoon!!!
It was eerie!
So I made a few calls to my insiders...
They tell me that GM is brewing up the mother of all promotions to counteract this downturn and they will get the full details on 7/18.
The promotion will start on 7/19 and our spies tell us there is even a chance that the promotions will include Corvette's, for the first time ever!
Stay tuned!!!