Incentives down, Sales down
Auto manufacturers dropped their incentive spending by an average of 20% in October '04 / October '05 comparison. However, there is already signs of folks breaking ranks. Today (11/3) Ford announced additional rebates and on Tuesday (11/1) Chrysler said that it would offer rebates of at least $1,000 on every 2005 and 2006 vehicle.
My apologies that some links will require site registration to view. Here's a no registration link that sums it up pretty well.
California Autos Examiner
Thursday, November 03, 2005
Posted by Michael Sheena at 10:23 PM
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