Automakers Offer Record Incentives As Trillion Dollar Auto Bubble Bursts

It seems that we were right. Automakers are now offering the most discounts on record to entice deadbeat consumers in November, according to a new report from JD Power.

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.

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https://www.zerohedge.com/markets/automakers-offer-record-incentive-spending-trillion-dollar-auto-bubble-becomes