The credit crunch is affecting sales for every auto manufacturer. Toyota dropped a major bombshell when it announced that it would offer zero-percent financing on 11 of its models, and did it again by extending that promotion through the end of November. BMW followed suit and has begun offering 0.9-percent financing on every single one of its vehicles, proving that higher-end luxury marques are not immune to the downturn in sales. Now, it's Infiniti's turn. As part of its year-end sales drive, Nissan's upmarket division will be offering no-interest financing on all remaining 2008 models for up to 36 months through Nissan Motor Acceptance Corp. The automaker surely hopes these incentives will spur sales, which were down about 30% last month when compared to last year. Time to go out and get yourself a deal on that new EX.
[Source: Reuters]

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