Foreign OEMs slash incentive spend amid tight supply
Honda, Nissan and Toyota cut U.S. incentive spend in Q3 FY 2022
Foreign-based automakers cut their U.S. incentive spend amid strong demand and tight supply but expect incentives to tick up in 2023 as inventory rebuilds. Honda Motor Company, Nissan Motor Corp. and Toyota Motor Corp. cut U.S. incentives by 35% year over year, 28% YoY and 49% YoY, respectively, in the third quarter of fiscal year […]
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