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incentives

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    Report: Cadillac dealers get $5,000 incentive for ELR test drives
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    The 530 Cadillac dealers - out of 940 total dealers - that signed on to sell the brand's ELR for $75,000 or lease it for $699 per month have managed to move 247 of them in the last five months. That's a little less than two cars for each dealer more than two dealers for each car if you need help ...

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    Report: GM offers employee pricing to owners of recalled vehicles
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    Owners affected by the General Motors ignition switch recall are getting even an better incentive to return to its brands for their next new car. The automaker says that these drivers can now get employee pricing on its models. Previously, GM was only offering them a $500 discount if they bought ...

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    Report: Barclays: GM suffering 'least successful large pickup launch over the last 15 years'
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    General Motors has really taken it on the chin this week with the recall of over 1.3-million cars and a separate potential safety issue found in over 200,000 of its 2014 pickups. Things aren't getting any better, because now questions are being raised about the early sales success of its new ...

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    Report: Nissan's big price cuts threatening others' profits
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    Bloomberg reports Nissan may be keeping the competition up at night even more than normal. The Japanese automaker recently cut prices on seven of its models and bolstered incentive offerings in an attempt to gain market share in the US, and the strategy is working. Last month saw the company's ...

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    Report: China considering upping hybrid car incentives
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    Bloomberg reports China may be set to step up subsidies for hybrid and fuel-efficient new automobiles. The country's industry minister, Miao Wei, said, "New-energy vehicles are the future. Fuel-efficient cars are now," while speaking with reporters at the National People's Congress. So far, the ...

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    Report: Ford Focus EV's slow sales trigger massive incentives
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    The Detroit News reports Ford is having real trouble moving its new Focus Electric. As a result, the automaker is offering substantial incentives in an attempt to lure in more buyers. How substantial? Try $10,750 off of a three-year lease. What's more, the EV can now be had for $37,995 ($2,000 ...

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    Report: Chrysler and Fiat offering $1,000 rebates to VW owners as Marchionne gets tough
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    The throw-down between Fiat CEO Sergio Marchionne and Volkswagen has heated up in earnest. According to Bloomberg, Fiat and Chrysler are now offering current Volkswagen owners in the US $1,000 rebates to trade in their ride. It's the latest in a series of shots Marchionne has taken at his German ...

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    Report: GM profits threatened by glut of pickups
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    Automotive News reports that General Motors may slash production or ramp up discounts in order to deal with an oversupply of pickup trucks. GM currently has more than double the standard supply of pickups, and the vehicles are threatening to dampen the automaker's profits for 2013. Typically, ...

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    Report: Incentives aid smooth Suzuki wind down
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    American Suzuki is continuing to offer buyers substantial incentives even as the company winds down operations. Those looking to nab a new Suzuki vehicle will find rebates of between $500 and $2,000 and zero-percent financing for up to 72 months as dealers look to liquidate inventory following ...

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    Report: Dealers confront carmakers over two-tier pricing, forced upgrades
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    In a speech for the Automotive Press Association in Detroit, the chairman of the National Automobile Dealers Association (NADA), Bill Underriner, laid out the two most important issues it seeks to address with carmakers: two-tier pricing and compulsory dealership facility upgrades. The former is ...

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    Official: Chrysler launches 'No Payments for 90 Days' incentive
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    Chrysler upped the ante for May sales announcing this week a deferred payment program for anyone buying a Chrysler, Dodge, Jeep or Fiat between now and the end of May. The "No Payments for 90 Days" program began Monday and runs until May 31. Qualified buyers financing their new vehicles through ...

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    Report: China aims to slow foreign investment in auto market
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    The exponential growth of China's auto market has left many automakers licking their lips at the thought of rampant profit. Recent years have seen the country's government spur foreign investment with various incentives, including reduced tariffs on imported manufacturing machinery. According to ...

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    Report: Used cars commanding record prices, sometimes cheaper to buy new
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    Just a couple years after U.S. auto sales plunged to their lowest levels in decades, dealers are finding an industry-wide shortage of used vehicles. This lack of used inventory has driven up the price of scarce pre-owned vehicles on lots, sending more and more consumers into aggressively priced ...

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    Report: Analysts predicting big year-end incentives blitz to salvage yearly numbers
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    As Japanese automakers see their production levels return to normal, U.S. dealers should finally be able to bolster their inventories after months of slim pickings. According to Automotive News, the companies may use the situation to attempt to improve total year sales with massive incentive and ...

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    Report: Automaker incentives sink to five-year low
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    Auto sales have been on an upward trajectory for many months, and the latest data shows that cash on the hood isn't one of the reasons. According to Automotive News, incentive spending was at a five-year low in April, down 14 percent to an average of $2,320 per vehicle. Toyota had the lowest ...

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    Report: Akerson's leadership, pricing strategies at GM drawing more fire
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    We know he's not a "car guy" but some think General Motors CEO Dan Akerson might not be a guy fit for a car company period. Akerson comes from the telecommunications world, and it seems some analysts believe it's that background that's driving him to cut costs and drive sales by means of heavy ...

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    Hyundai CEO Krafcik warns against price war, short-term thinking
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    Hyundai Motor America President and CEO John Krafcik believes that some automakers are starting a price war, which would be an unwise move that focuses solely on short-term sales. General Motors had strong sales in January 2011, but its 23-percent gain was due to increased incentives and ...

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    Report: GM sales boosted by incentives, analysts fear return of 'push' model
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    According to Automotive News, some analysts are accusing General Motors of sliding back into bad habits by boosting sales with heavy incentives. The report says that GM's 22-percent sales jump in January was largely fueled by laying piles of cash on the hood. On average, GM handed out $3,762 per ...

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    Report: Today is the best day all year to buy a new car
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    If you're in the market for a new car, today just might be your day. According to both Time and TrueCar.com, a perfect storm of factors have collided to make this the best day all year for consumers to get the greatest deal possible on a new hunk of sheetmetal. With a perfect mix of dealer ...

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    China reportedly adding big incentives for hybrid, electric purchases
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    Geely Emgrand plug-in hybrid – Click above for high-res image gallery
    If you pay them, they will come. At least that's the philosophy China is applying to the electric car business these days. The people's republic is set to roll out new pilot programs in four of its largest cities aimed at ...

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