- Though the pricing trend in the auto industry has been strong, there are some storm clouds gathering: The Big Three (F, GM, FIATY) all ended January with over 100 days supply of vehicles.
- General Motors is in the process of boosting discounts in the full-size pickup segment in an effort to clear inventory off of dealer lots. A generous President's Day sale run by GM aims to boost demand for the 2014 Chevrolet Silverado and 2014 GMC Sierra
- Ford and Chrysler have also been pushing the incentives lever harder, but still trail GM's average incentive per vehicle.
- Channel checks indicate February traffic at dealerships is a bit light. Mother Nature might have something to do with that.
The Big Three look to incentives to clear dealer lots
From other sites
at Financial Times (Sun, 9:43PM)
at 4-traders.com (Sun, 7:20PM)
at CNBC.com (Tue, 7:01AM)
at CNBC.com (Apr 10, 2015)
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