Posted in Incentives on Mar 6th, 2008
Jonathan Welsh discusses the opportunities for consumers that hard times for the auto industry are creating. Low financing rates, rebates, special lease deals and other incentives on a wider range of vehicles are coming on the heels of the industry’s worst decline in a decade. Even though fewer autos are being produced, demand continues to […]
Posted in Truck on Mar 5th, 2008
February 2008 saw sharp drops in light truck sales which ultimately led the way to overall sales declines at both General Motors and Chrysler. However, sales of crossover utility vehicles helped to offset a similiar drop in light truck sales at Ford. The sluggish economy and sky high gasoline prices are leading buyers toward cheaper, smaller vehicles that are […]
What are they doing up north? Canadian auto sales surged 14.3% in February, the strongest Feb. on record! Sales were fueled by aggressive incentives and price cuts. Light vehicle sales totaled 110,951 units topping the previous record of 103,200 in 2003. Even GM, Canada’s biggest automaker, was up 14.5% year over year. Chrysler Canada was up […]