GM Dangles $5,000 Escalade Discounts While Lincoln Debuts New SUV
- Deal targets Ford’s luxury brand as Navigator hits showrooms
- Morgan Stanley sees $2 billion profit edge for GM in big SUVs
For car shoppers with an eye on Ford Motor Co.’s new Navigator SUV -- or any Lincoln, for that matter -- General Motors Co. is offering a $5,000 discount to make them think twice.
The nationwide deal on GM’s Cadillac Escalade sport utility vehicles this month applies to any buyer trading in a 1999 or newer Lincoln model, according to a memo sent to dealers and obtained by Bloomberg News. Jim Cain, a GM spokesman, confirmed its authenticity.