Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts
December 01, 2019 at 12:54 PM EST
Automakers are now offering the most discounts on record to entice deadbeat consumers in November. The average incentive spending per vehicle is $4,538, an increase of 12% YoY. The previous high for the industry was $4,378 in 4Q17.