As Toyota and Honda called in record numbers for June sales, auto dealers pushing domestics are looking to corporate to lay some incentives down to get them through the summer, according to a survey of dealers conducted by Automotive News. Instead, automakers are laying down more vehicles to store massive production overrun. While Chrysler has rolled out employee pricing and zero percent financing, Ford and General Motors haven't yet opened up the flood gates on incentives, and dealers are already hurting. What's more is that dealers of domestics are also begging for more small cars, while automakers need them to sell more profit-fetching SUVs.
On the flip side, imports wish they could get more inventory. Toyota and Honda dealers are asking more cars and don't have any special interest in incentives -- their cars are moving.
[Source: Automotive News via AutoWeek]