Report: Detroit Three's average transaction prices better than Japan, Korea
#1
Guest
Posts: n/a
![Post](https://www.clublexus.com/forums/images/icons/icon1.gif)
http://www.autoblog.com/2010/07/13/r...better-than-j/
![](http://www.blogcdn.com/www.autoblog.com/media/2010/07/big3transactions.jpg)
![](http://www.blogcdn.com/www.autoblog.com/media/2010/07/big3transactions.jpg)
Hyundai has had the largest jump in transaction prices so far this year, but the Detroit Three have made the kinds of gains they haven't seen in years. Overall, according to Edmunds.com data, consumers spent an average of $29,217 on a car through the first five months of this year, with the domestics all meeting or exceeding that number. Only Chrysler fell a hair short, with an average transaction price just seven dollars below the industry average. However, all three Detroit companies posted percentage increases that beat the industry.
While the popularity of full-sized pickups, crossovers and SUVs has made a difference for Ford, General Motors and Chrysler, the "more disciplined approach" to running their business caused by the recession and their own financial issues, has also been credited for reducing inventory and incentives. Additionally, buyers with good credit make up more of the consumer pool now, and they're choosing more
While the popularity of full-sized pickups, crossovers and SUVs has made a difference for Ford, General Motors and Chrysler, the "more disciplined approach" to running their business caused by the recession and their own financial issues, has also been credited for reducing inventory and incentives. Additionally, buyers with good credit make up more of the consumer pool now, and they're choosing more
#2
Lexus Fanatic
iTrader: (3)
![Default](https://www.clublexus.com/forums/images/icons/icon1.gif)
Not exactly surprising results considering this year's events. GM's standing is predictable, IMO, based on how many Corvettes and Camaros they sell. Add that to Silverados and Suburbans and it's a no brainer.
Not sure how Chrysler pulled that off...the Challenger and new Ram?
Ford is on a roll as we all know.
Not sure how Chrysler pulled that off...the Challenger and new Ram?
Ford is on a roll as we all know.
Thread
Thread Starter
Forum
Replies
Last Post
4TehNguyen
Car Chat
13
02-13-19 10:12 AM