2 Articles

Incentives push Toyota up 41%, Buick sales skyrocket up 76%

When the U.S. auto market crashed in the fall of 2008, automakers bumped up incentives in a big way to clear dealer lots of bloated inventory. But when Cash for Clunkers drained inventory – with industry-wide incentives reaching $3,165 per vehicle – while simultaneously removing nearly 700,000 used vehicles from the market, automakers quickly weened themselves off incentives.