U.s. Automakers May Add Discounts, Cut Output On Inventory Glut

U.S. automakers led by General Motors Co. and Chrysler Group LLC may need to boost incentives or cut production to reduce inventories that have risen to a 31- month high, according to Bloomberg Industries.

BING NEWS:
  • US auto sales set to rise in November amid steeper discounts, report shows
    US automakers are grappling with intense competition from Chinese brands abroad and face the threat of tariffs under President-elect Donald Trump.
    11/27/2024 - 5:40 am | View Link
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