GM to Resume Zero-Percent Loans

General Motors Corp., the world’s largest auto maker, plans to resume the no-interest loans that helped lift sales last year, dealers said.

GM is expected to announce the move today as it releases U.S. sales figures for June along with other auto makers. Ford Motor Co. will offer zero-percent financing for three models and a choice of interest as low as 0.9% or cash rebates of as much as $3,000 on other cars and trucks, a spokeswoman said.

Analysts expect GM to report a 3.7% jump in sales for the month and a gain in market share from Big Three rivals Ford and DaimlerChrysler.

Industrywide, sales rebounded in June from May to an annualized pace of 16.8 million, little-changed from the year-earlier month, according to a survey of four analysts.

A GM spokesman declined to comment other than to say that the auto maker would change its incentives. GM gained U.S. market share last year for the first time in 10 years.