We shall see

GM posted a loss of $3.3 Billion for the first quarter. Apparently most of this was due to GMAC, which interestingly, used to be the strongest part of their financial stable. They sold of 51% of it last year, and took a $1.45 billion charge as a result....

GM also has laid off 3500 workers that produce the gas guzzling trucks and large SUVs. Gee, who didn't see this one coming. Do we have a case of pure greed going on here? Those are the vehicles they make good profits on.... But their lack of foresight regarding producing smaller more fuel economical vehicles is now going to put them through some serious hard times....

So, ok, with all that said, I still want to buy a new Vibe. I can only assume with the fed cutting rates again today, the economy in the tank, and slow sales domestically, that we WILL see some good incentives soon. If not, I won't budge. I refuse to pay anything more than $2000 - $1500 below sticker... However, part of me wonders if they won't discount small vehicles like the Vibe as demand will be on the rise...