Automaker incentives in the US remained stable in June, according to analysts at Edmunds.com.
The organisation’s True Cost of Incentives showed the auto industry spent US$2,187 per vehicle last month, down 1.6% from May, and down 0.8% from June 2011.
“If you waited to buy a new car this month, it would have been very difficult to find better deals than you could have found in May,” said senior analyst Jessica Caldwell.
“But as more 2013 model year vehicles hit dealer lots this summer, car buyers can start to expect better deals on the 2012 models that needed to be cleared out.”
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.