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GM Hopes $1.99-a-Gallon Gas Offer Moves Its Fuel Guzzlers
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| Contributor | RP |
| Last Edited | RP May 30, 2006 12:23pm |
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| Category | Advertisement |
| News Date | Monday, May 29, 2006 06:00:00 PM UTC0:0 |
| Description | Here's a way to boost fuel economy: Buy one of General Motors Corp.'s gas guzzlers and fuel will cost only $1.99 a gallon for the next year.
On Wednesday the automaker unveiled the promotion for California residents in hopes of moving some of the vehicles off dealers' lots. Four of the 11 eligible models are passenger cars; the rest are big trucks.
The automaker will issue monthly prepaid debit cards to reimburse eligible customers the difference between $1.99 a gallon and the average price of premium gasoline in California — determined by AAA's monthly survey — even if they use cheaper regular.
For a Hummer H2 driven 15,000 miles a year, a buyer would receive an estimated refund of $2,270 over the 12 months |
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