GM to Offer Cut-Rate Financing

General Motors Corp. touched off another round of buyer incentive programs today by announcing that it will immediately offer cut-rate financing on 82% of its cars and 76% of its light trucks until further notice.

The program, for loans up to 48 months, offers 7.7% annual financing on its Chevrolet Chevette and Pontiac 1000 subcompacts and 9.9% financing on all other models, except the Nova and Sprint subcompacts and the Cadillac Fleetwood Brougham, Cadillac Seville and Eldorado, Buick Riviera and Oldsmobile Toronado.