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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 →
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 ...
Doh! Dealers learn Cash for Clunkers rebates count as taxable income Alex Nunez
As you're aware by now, yesterday's big news was H.R. 3435, the emergency legislation passed by the House of Representatives authorizing an additional $2B for the CARS scrappage scheme. As had been ...
New Hyundai Assurance provision locks gas at $1.49/gal for one year [w/VIDEO] Chris Shunk
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 ...
Latest findings says cars more affordable now than they have been since study began in 1979 Chris Shunk
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 ...
2011 Hyundai Sonata debuts with style, four-cylinder only and less weight
2011 Ford Fiesta for America revealed, hits 40 mpg-
2010 Hyundai Tucson makes the drive to America
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2011 Ford Fiesta priced from $13,320, special deal for reserving early
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BREAKING: Mitsubishi Colt is coming to America
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Green:
LA 2009: Bob Lutz keynote: "The automobile industry simply can no longer rely on oil"
UK government unveils £5,000 electric car incentive program 7 months ago on Autoblog
The UK government has announced a £250 million ($372M USD) incentive program designed to get more plug-in and electric vehicles on British roads. The heart of the program is rebates of up to £5,000 (nearly $7,500) for purchases of full electric or plug-in hybrid vehicles. This could be ...
Polk speculates about effect of government incentives on 2009 car sales 9 months ago on Autoblog
In light of the automaker benefits and car buyer assistance in the recently-passed stimulus package, analysts at R. L. Polk & Co. estimate there will be an average rebate of $330 for every vehicle sold this year. By allowing buyers to deduct the sales tax from a new vehicle purchase from their ...
Not Saved By Zero: Toyota looking to ramp up rebates 10 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 ...
Chrysler officially hops on board 12-state credit union loan band wagon 11 months 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? 11 months 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 ...
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? ...
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 ...
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 ...
Mercury selectively sending out rebates to potential customers 2 years ago on Autoblog
The Truth About Cars is reporting that some households are receiving "private cash" rebates of $500 to pluck a Mercury off the dealer lot, but not everybody is getting the message. There is no telling who is getting these emails or why, but the cash-off coupon can reportedly be used to grab any ...
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 ...
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 ...
March Madness: GM brings back 0% financing and cash rebates 2 years ago on Autoblog
General Motors has decided to bring back 0% and reduced-rate financing on many of its models to save its sales efforts for March. No doubt the General is keen on putting up positive numbers for the month to compliment the other bits of good news that have signaled its turnaround may have turned the ...
Chrysler offering millions to dealers and consumers to move 2006 inventory 3 years ago on Autoblog
In this day and age it's a sin to still have 2006 models sitting on your dealer lot. Unfortunately for dealers under The Chrysler Group umbrella, their lots are teaming with '06 metal. The Detroit News quotes analyst John Casesa of Casesa Shapiro LLC as saying, "To have a third of your inventory in ...
Take our cars, please: Top 10 cash-back offers 3 years ago on Autoblog
Automakers with remaining 2006 inventory are getting desperate in some cases to get rid of their lot. Cars.com has assembled the 10 best incentive offers based on the percentage off of a car's base MSRP, and Kia tops the list by offering 26.32% off the Sorento and 23.87% of off the Sedona minivan. ...
Porsche CEO opens up a can over "stupid incentive war" 3 years ago on Autoblog
Porsche CEO Peter Schwarzenbauer is about to open up his special brand of wup ass over the heavy incentive spending of the Big 2 and the Chrysler Group. He says the U.S. auto industry is "trapped in a death spiral" because of its dependence on incentives, and blames large automakers like General ...
Chrysler turns to 0% financing as Employee Pricing ends 3 years ago on Autoblog
Chrysler summer-long Employee Pricing incentive ends today and is being replaced by a good old fashion Zero Percent Financing deal. The new deal applies to all 2006 models, which means Chrysler is eager to reduce the inventory of its dealers to make room for a flood of new products it plans on ...
Mazda will cut incentive spending beginning with CX-7 3 years ago on Autoblog
The Nihon Keizai, a Japanese business publication, reported that Mazda will cut incentives spending in the U.S. in an effort to raise vehicle average transaction prices and profit margins for each vehicle it sells. As of late, automakers have been frowning upon incentives as dangerous and ...
Chrysler extends Employee Pricing incentives 3 years ago on Autoblog
We doubt that anyone thinks this is a surprise, given the Chrysler Group's abysmal sales performance and mounting inventory, but the company announced Tuesday that it has extended its Employee Pricing Plus discount program for another month, to August 31. The program will continue unchanged, with ...
Ford slaps more cash on hood of F-150 3 years ago on Autoblog
Last month Ford F-150 sales were down 9.7 percent compared to June of 2005. July must not be going andy better, as Automotive News reports that Ford is offering an additional $500 to $1000 in rebates on its number-one selling full-size truck. The new rebates are considered part of the Drive On Us ...
General Motors won't reinstate employee pricing. Really. 3 years ago on Autoblog
Those of you holding your breath and waiting for General Motors to reinstate employee pricing will have to hold it a little longer. Despite the automaker's plans to revive the rebates and low-financing deals present in June as incentives to move metal off dealership lots, the company is resisting ...
Ford of Canada already offering employee pricing 3 years ago on Autoblog
Thanks to a tip from Bill we've learned that Ford of Canada has already kicked off its summer incentive drive by offering employee pricing to all Canadians. Called Ford Family Pricing, the program began on June 16th and will run through August 31st. The vehicles not included are the standard fare ...
Promises for fire-sale-free year might be broken 3 years ago on Autoblog
Consumer confidence is slowing down, as are vehicle sales if the month of May was any indication. A storm is brewing... one that might just result in a reversal of certain promises made by Ford, General Motors and Chrysler to the effect of, "read our lips, no big rebates." Analysts are predicting ...
Price Wars: Return of the Rebates 3 years ago on Autoblog
According to USA Today analysts are expecting a return this summer season of big incentives by the Big Two and Chrysler to reduce inventory in advance of new models arriving in the fall. GM vowed not to return to its rebate-crazy ways, and so far has spent less this year on incentives per vehicle ...
Sonata incentives pile up as Hyundai tries to meet sales goals 3 years ago on Autoblog
Moving 150,000 units of any vehicle is no easy task, and it looks as if Hyundai is learning this the hard way with its recently introduced Sonata. The incentives continue to climb - currently they're averaging just over $2,000 per vehicle - and fleets currently represent 30% of the ...
Hybrid tax rebates doubled in Ontario, Canada 3 years ago on Autoblog
The province of Ontario, Canada, has enacted a new policy affording double tax-rebates for hybrid vehicles, effective last Friday. Previously, the rebate was up to $1,000... now it is $2,000 maximum. The main reason for the increase is the province's desire to maintain its leadership role in the ...
General Motors asks full price for Escalade 3 years ago on Autoblog
In what seems like a rare occurrence these days, General Motors won't be offering consumers a break on the price of its all-new 2007 Cadillac Escalades. GM says that the great value of the vehicles makes the cost worth it -- extra options, the new designs, and the new 403-hp 6.2L V8 in the ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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