GM & Ford Go After Toyota Owners With $1,000 Rebate

General Motors and Ford are aiming to poach current owner of Toyota. Toyota has recently recalled millions of vehicles and halted sales because of problems with their accelerators.

GM will offer a $1000 rebate until February released and said in a press release:

"We decided to make this offer after receiving many e-mails and calls from our dealers, who have been approached by Toyota customers asking for help."

Ford is offering the $1000 rebate to owners of both Ford and Honda. They responded after GM and announced:

"Anytime a major action like is taken by one of our competitors, we have to respond," Ford Spokesman Robert Parker said regarding their rival in Detroit.