Saturday, November 13, 2004

Big Three set to launch new incentives

The big three automakers in the U.S. are ready to launch new incentives for consumers to buy new automobiles due to a large build up in their inventories. Ford, GM, and Daimler Chrysler with a large increase in their inventories are trying to sell more automobiles by offering more incentives to consumers. The big there automotive makers have seen the highest inventories in the history of their companies. Will these incentives increase sales for the big 3 automakers?

I found it tobe very interesting that foreign automakers seemed to be doing so much better than those that are based in the U.S. with their current stock level and the incentive levels that they offer. I think one reason for the problems for the big 3 are the high gas prices causing people to not want to go out and buy a big SUV or truck which have smaller gas mileage. Why when the incentives are much higher for the big 3 automakers do consumers still purchase from the foreign automakers like Honda and Toyota? Is the quality of there automobiles that much better than those made in the U.S.?

No comments: