first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE‘Mame,’ ‘Hello, Dolly!’ composer Jerry Herman dies at 88160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! DETROIT – General Motors Corp. is hoping to clear out inventory with a “March Madness” cash incentive program that started Thursday and runs through April 4, tied to the NCAA basketball tournament. The nation’s biggest automaker is offering $500 to $1,500 in cash back on top of other incentives for 2005 and 2006 vehicles that have been on dealer lots since Nov. 16, said company spokeswoman Deborah Silverman. GM is offering $500 on cars and small sport utility vehicles and $1,000 cash back on its trucks, full-size sport utility vehicles, the Chevrolet SSR and Cadillac models. Two vehicles – the half-ton extended-cab Chevrolet Silverado and GMC Sierra full-size pickups – have $1,500 cash bonuses. GM’s new incentives do not include the Hummer H-1 or Saturn vehicles. Chevrolet, Buick, Pontiac and GMC will advertise the cash-back plan as a “March Madness” offer to coincide with the basketball tournament, she said. Ford Motor Co. is providing five-year, no-interest financing on its gasoline-electric Escape hybrid sport utility vehicle in California and Washington, D.C., through April 3. Ford provides $1,000 in incentives on the hybrid nationally. The no-interest financing is not available with the cash incentives. “We are focusing on California and Washington, D.C., because they are two hybrid trendsetting markets where customers value hybrid vehicles most,” Ford spokesman Monte Doran said. DaimlerChrysler AG’s Chrysler Group did not immediately return a message seeking updated information on incentives.last_img

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