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REPORT: Chrysler piles on even more incentives ahead of the holidays
In an effort to spur lagging sales, Chrysler has reportedly cranked up incentive spending on nearly all of its models by $1,000 to $1,500 while also offering 0% financing on many of its models. Chrysler is also said to be offering lease incentives of $500 to $1,000 on minivan leases and financing deals on leftover 2008 and 2009 Dodge Vipers. The move towards additional rebates comes as incentive spending has been down for crosstown rivals General Motors and Ford. And Chrysler was already spending more on incentives than the industry at ... Read more →
Looking for $10k off on a Lexus or Caddy? High-priced hybrids reportedly getting hefty incentives Jeremy Korzeniewski
Surprise! Lexus and its parent company, Toyota, are apparently finding that it's not as easy selling $106,000 hybrids as it is for $25,000. The Lexus LS 600h L is certainly an excellent piece of ...
REPORT: Toyota increases 2009-2010 global sales forecast by 3% Chris Shunk
There have been subtle signs that demand for new cars and trucks are improving. Several automakers plan to increase production over the next few months, and Toyota is no different. Reuters is ...
Audi throws another $1,000 onto C4C incentives Jonathon Ramsey
The government, dealers and consumers don't seem to know exactly what's going on with the C.A.R.S. (Cash for Clunkers) program, but Audi doesn't want to lose any momentum and has decided it's the ...
Can't Win For Losing: Chrysler kills Cash for Clunkers incentives after running out of cars? Michael Harley
What do you do with a program that is driving so many customers into your showrooms that inventory is now running low? If you are Chrysler, and it's the popular incentive plan tied to the ...
Featured:First Drive:Iacocca 45th Anniversary Edition Ford Mustang is one sterling 'Stang
Breaking:Toyko 2009 Preview: Toyota FT-86 Concept brings back the Hachi-Roku-
Officially Official: Dodge splits off Ram brand with new exec appointments -
Honda Chief: "Hyundai is awesome." -
By The Numbers - September 2009: Post C4C, We're All Alright Edition -
Green:AltCar 2009: Touring the show with the Governator
Breaking news:
Chrysler announces "Double CA$H For Your Old Car" promotion 5 months ago on Autoblog
With Cash for Clunkers slated to go live on July 23, every automaker appears primed to grab a piece of the action. Chrysler is no different, and its new "Double CA$H For Your Old Car" incentive program promises up to match the government's $4,500 "Clunkers" incentive for some vehicles. Taking ...
Sales Watch: Honda Accord sales creeping up on Toyota Camry? 5 months ago on Autoblog
While the Honda Accord dominated the 1990s, it has been virtually all Toyota Camry in the new century. Yet a look back at the first six months of 2009 shows that the newer, larger Accord is continuing to gain ground on its chief rival. Camry sales have so far remained top in its segment, with ...
New Hyundai Assurance provision locks gas at $1.49/gal for one year [w/VIDEO] 5 months ago on Autoblog
Hyundai is piling on additional incentives to boost its Assurance program as the industry heads into the dog days of summer. The newest promotion, Gas Lock, fixes the price of regular unleaded at $1.49 per gallon for the next year. The program runs July 1 through August 31, and eligible ...
Ford offering extra incentives to "orphaned" Chrysler owners? 6 months ago on Autoblog
Ford is primed to receive a bump in sales as a result of the bankruptcies of General Motors and Chrysler, and the Dearborn-based automaker is picking and choosing where to take share from its domestic competition. One area ripe for conquest are customers who've purchased vehicles from soon-to-be ...
Crazy Kiwis: Buy a new Mitsubishi Triton, get a free goat with purchase 6 months ago on Autoblog
New Zealand Mitsubishi wants you to buy a Triton ute, and to lure you into doing it they're using goats -- because really, who can resist a goat? Said Mitsu's New Zealand sales and marketing manager, Peter Wilkins, "three years of drought has severely depleted sheep and beef populations, so what ...
Latest findings says cars more affordable now than they have been since study began in 1979 7 months ago on Autoblog
While tanking auto sales are bad for automakers, the customers buying cars and trucks are paying less for them than any time in the past 30 years. Comerica Bank's Auto Affordability Index shows that a vehicle with a $26,000 MSRP takes the average family 21.5 weeks of median income to buy. That's ...
VIDEO: Hyundai Assurance - We'll ~*^#ing do anything (NSFW language) 8 months ago on Autoblog
The Hyundai Assurance program has been one of the most clever – and arguably among the most successful – incentive programs in recent memory. Hyundai has experienced a sharp rise in retail share since the program was initiated, and Ford and GM were so impressed with the program that ...
GM to unveil new incentives to assure buyers? 8 months ago on Autoblog
All the bankruptcy talk surrounding General Motors hasn't helped the largest U.S. automaker on the showroom floor, as sales have dropped by over 50% in 2009. Without additional incentives, GM sales may fall further with the the Obama administration's rejection yesterday of the 100-year-old ...
GM considering new incentives like, but not exactly like, Hyundai Assurance program 9 months ago on Autoblog
General Motors' sales for the month of February dropped by a gut-wrenching 53% versus February 2008, giving the General plenty of incentive to kick up, well, incentives. GM knows it has to do something more than the typical cash on the hood, 0% financing marketing initiatives, and it has looked at ...
Germany's turn: scrap your used car, get a bonus to buy a new one 11 months ago on Autoblog
Last month China proposed a plan to offer consumers a cash incentive to scrap their cars and buy new ones. Germany is the latest country looking at the same option, with a law that aims to give €2,500 to people getting rid of cars that are at least nine years old and buying new ones. China ...
Not Saved By Zero: Toyota looking to ramp up rebates 11 months ago on Autoblog
Remember that horrible "Saved by Zero" campaign (no, not that one) that Toyota ran late last year? Besides producing some of the worst commercials the world has ever seen, it was a failure when it came to its singular goal of selling more cars and trucks. Toyota was the only automaker in the top ...
GM ups incentives: zero percent financing for up to 60 months 12 months ago on Autoblog
General Motors is celebrating GMAC's decision to loosen credit restrictions by increasing incentives on many remaining 2008 models. Effective immediately, the General is offering 0% APR for 60 months on the 2008 Chevy TrailBlazer, GMC Envoy, and the entire Saab lineup. All GMT900 full-size SUVs and ...
Chrysler officially hops on board 12-state credit union loan band wagon 1 year ago on Autoblog
Last week, GM partnered with credit unions in four states to offer up to $10 billion in new car loans and incentives. Not one to be left shivering alone in the cold, and with November sales down nearly 28% compared to last year, Chrysler LLC has just announced their own 12-state credit union program ...
Would you buy American if your boss gave you $1,000? 1 year ago on Autoblog
Chet Czaplicka doesn't own one of the Big 3's suppliers or run a car dealership. Instead, he is the chief executive of a blood-processing firm in the Detroit suburb of Livonia, Michigan. But like most people in that part of the country, he has several autoworkers in his family. And, perhaps more ...
GM to delay dealer incentive payments 1 year ago on Autoblog
From November 28 to December 11, GM is holding back incentive payments to dealers, including dealer cash and customer cash. Why? in the words of Mark LaNeve, GM's VP of North American sales, because "Anytime you can delay any kind of a payment, it helps cash flow" And cash is probably the most ...
2009 Ram and F-150 arrive with incentives in tow 1 year ago on Autoblog
When automakers unveiled an all-new, full-size pickup a couple years ago, copious amounts of cash would pour in for months on end. A lousy economy and a flat-lined auto industry has made the launches of the 2009 Ford F-150 and Dodge Ram far less exciting for their perspective owners, and proof ...
In lieu of leases, Chrysler wants you to "Shop 'til you Drive" 1 year ago on Autoblog
Chrysler's departure from the leasing game certainly isn't going to help dealers move stale product off their lots, so the automaker has announced a new sales program unimaginatively named the "Shop 'Til You Drive Sales Event." What'll it take to get you into a new Chrysler, Dodge or Jeep vehicle? ...
Only 5-10% of customers choose Chrysler's $2.99 gas guarantee 1 year ago on Autoblog
It looks like car shoppers have been smart enough to see past Chrysler's cheap gas guarantee. Despite Chrysler's extension of the offer for an extra month, a very small percentage of actual consumers have actually chosen the gas guarantee over the old fashioned cash back options. As we've reported ...
Get 'em while they're not hot! Dodge Rams going for $13k below MSRP 1 year ago on Autoblog
A tight credit market, slumping construction, an economy on bed rest, an end-of-model year, and high gas prices mean one thing for pickup trucks: lots of brand new trucks waiting for buyers. Dealers trying to shift their 2008 Dodge Rams before the 2009s arrive are taking as much as $13,000 off the ...
Dodge launches 2009 Journey with helping hand: $1,000 cash back 1 year ago on Autoblog
You thought you knew how much a Dodge Journey costs. Well, it's actually a thousand dollars less than that. Why? Because Chrysler is offering that much as an incentive to folks who plunk down the balance on a 2009 Dodge Journey. On the This Is Not Good side, it's the first 2009 model of the year to ...
Ford incentives on the rise 1 year ago on Autoblog
Fresh off news that Ford Motor Company was raising prices by an average of $502 per vehicle, the Dearborn automaker told dealers that the company would significantly increase incentives. The goal is to keep older vehicles like the Mercury Milan and Ford F-150 moving off dealer lots while also ...
Forbes picks top 15 most overpriced vehicles 1 year ago on Autoblog
Using a formula that takes into account what a buyer actually pays for a vehicle, J.D. Power APEAL Survey results and the Consumer Reports Owner Satisfaction Survey, Forbes has come up with the 15 vehicles for which you'll probably pay too. The most overpriced vehicle will cost you $7,158 more than ...
2008 Chrysler minivans being sold with incentives already 2 years ago on Autoblog
Perhaps the rhetoric coming from Chrysler that the market for minivans is alive and well is just that: rhetoric. The automaker's year end Event of a Lifetime sale happens to include its brand new minivans, the Town & Country and the Dodge Caravan, which can be had until December 3rd with $1,000 ...
GM follows last month's gains with new incentives on trucks and SUVs 2 years ago on Autoblog
GM has bucked the domestic trend of consistently giving up market share to Japanese automakers for the past couple months, and with a new round of incentives, the General is hoping to keep the trend going. The Silverado and GMC Envoy are among the vehicles receiving an additional $1,000 in rebates ...
GM offering zero-percent financing to move '07 models 2 years ago on Autoblog
General Motors had a good August, bucking the industry trend with a year over year sales increase. A big part of that success came with zero-percent financing on the Silverado and GMC Sierra, and the General is looking to ride the wave by extending free loans through October first. GM isn't ...
Large pickups picked up market share in August 2 years ago on Autoblog
Even with two all-new models on the market, pickup truck sales have been dragging for a few months now. The battered housing market and high gas prices have been blamed for the slump, but incentives seems to be remedying the problem in quick order, and have resulted in a great month of sales for ...
Chrysler puts more money on the hood 2 years ago on Autoblog
Chrysler is already offering five-year, interest-free loans on some of its cars. As of today, it is also offering six-year, interest-free loans and cash incentives. Cerberus, faced with Chrysler's first decline in sales since it took the controls, is not inclined to waste time trying to raise its ...
GM to pay dealers $250 extra for every car sold through month's end 2 years ago on Autoblog
In a bid to slow a loss of sales and market share, GM is reportedly giving dealers $250 cash awards for every vehicle sold through the end of the month. According to an internal memo reported by Bloomberg News today, GM has seen more than a 9 percent drop in domestic sales this year. The $250 is ...
Edmunds corrects itself on Tundra incentive spending 2 years ago on Autoblog
Earlier today we referenced Toyota disputing Edmunds.com claiming that the Tundra was sold in July with $6,861 of incentives per vehicle. That would've been the highest amount of incentives for any full-size pickup sold last month, but it turns out Edmunds made an error and last Friday printed a ...
Pickup truck wars heat up: GM offers 0% financing 2 years ago on Autoblog
A few weeks back, the top brass at GM stated that they intended to remain competitive in the hyper-competitive full-size truck market, and now we know just how serious the General is about protecting its truck turf. Beginning last Saturday, all 2007 extended and crew cab Silverados will have ...
Ford extends end-of-year incentives almost two months 2 years ago on Autoblog
Ford's June sales were down 8.2% vs. the same month in 2006, but retail sales were actually up slightly for the first time since last October. A key to the added dealer traffic was the 0% financing available on all 2007 Ford, Lincoln and Mercury models, with an additional $2,007 going towards trucks ...
Autoblog Podcast #158: 'Twas a couple nights before Christmas...
Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion
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